Clifford Stephen M 4
4 · FERRELLGAS PARTNERS L P · Filed Oct 14, 2025
Insider Transaction Report
Form 4
Clifford Stephen M
Director
Transactions
- Award
Phantom Units
2025-10-09+8,492→ 21,221 total→ Class A Units (8,492 underlying)
Footnotes (4)
- [F1]Each Phantom Unit represents the economic equivalent of one Class A Unit.
- [F2]Accrues dividend equivalent rights.
- [F3]Vests on October 9, 2026. Each vested Phantom Unit represents the right to receive a cash payment following the first to occur of (1) termination of service from the Board of Directors, (2) a change of control, or (3) the third anniversary of the October 9, 2025 grant date, in an amount equal to the average closing price of a Class A Unit for the 10 trading days immediately preceding the first to occur of the foregoing, subject to the terms and conditions of the Phantom Unit Award Agreement.
- [F4]See above note.