4//SEC Filing
Straumins Jennifer 4
Accession 0001415889-24-028401
CIK 0002013745other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 4:26 PM ET
Size
9.5 KB
Accession
0001415889-24-028401
Insider Transaction Report
Form 4
Straumins Jennifer
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2024-12-04+8,921→ 1,222,450 total - Sale
Common Stock, par value $0.01 per share
2024-12-03$21.65/sh−75,000$1,623,750→ 1,213,529 total - Exercise/Conversion
Restricted Stock Unit
2024-12-04−8,921→ 0 total→ Common Stock, par value $0.01 per share (8,921 underlying)
Footnotes (3)
- [F1]On July 10, 2024, in connection with the corporate reorganization of Calumet Specialty Products Partners, L.P. (the "Partnership"), pursuant to which the Partnership converted from a master limited partnership to a corporation (the "Conversion"), Calumet Merger Sub I LLC merged with and into Calumet GP, LLC, the general partner (the "General Partner") of the Partnership, with the General Partner continuing as the surviving entity and a wholly owned subsidiary of Calumet, Inc. (the "GP Merger"). In connection with the GP Merger, the reporting person was issued 825,000 shares of Calumet, Inc. common stock, par value $0.01 per share ("Common Stock"), and 300,000 warrants to purchase Common Stock. The reporting person sold the 75,000 shares of Common Stock reported herein to offset a portion of her tax obligations that were incurred as a result of the Conversion transaction.
- [F2]Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
- [F3]100% of the Restricted Stock Units vested on November 3, 2024.
Documents
Issuer
Calumet, Inc. /DE
CIK 0002013745
Entity typeother
Related Parties
1- filerCIK 0001390947
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 4:26 PM ET
- Size
- 9.5 KB