McLanahan Michael G 4
4 · Blueknight Energy Partners, L.P. · Filed Aug 17, 2022
Insider Transaction Report
Form 4
McLanahan Michael G
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common units representing limited partner interests
2022-08-17$4.65/sh−116,075$539,749→ 0 total
Footnotes (1)
- [F1]In connection with the Agreement and Plan of Merger, dated April 21, 2022, by and among Ergon Asphalt & Emulsions, Inc., Merle, LLC, Blueknight Energy Partners G.P., L.L.C. and Blueknight Energy Partners, L.P. (the "Merger Agreement"), these common units were converted into a right of the holder to receive an amount in cash equal to the per unit merger consideration of $4.65. Of Mr. McLanahan's common units, 18,672 units were fully vested prior to the consummation of the transactions contemplated by the Merger Agreement, and 97,403 were phantom units accelerated immediately prior to the consummation of the transactions contemplated by the Merger Agreement.