Scanlon Neil 4
4 · SUBURBAN PROPANE PARTNERS LP · Filed Nov 18, 2024
Insider Transaction Report
Form 4
Scanlon Neil
Vice Pres.,Information Systems
Transactions
- Exercise/Conversion
Common Units (representing limited partnership interests)
2024-11-15$17.77/sh+13,541$240,624→ 161,598 total - Award
Phantom Units
2024-11-15+21,517→ 42,891 total→ Common Units (21,517 underlying) - Tax Payment
Common Units (representing limited partnership interests)
2024-11-15$17.77/sh−14,072$250,059→ 148,057 total - Award
Common Units (representing limited partnership interests)
2024-11-15+21,517→ 169,574 total - Exercise/Conversion
Phantom Units
2024-11-15−13,541→ 21,374 total→ Common Units (13,541 underlying) - Disposition to Issuer
Common Units (representing limited partnership interests)
2024-11-15$17.77/sh−13,541$240,624→ 148,057 total
Footnotes (2)
- [F1]Represents filer's payment of tax liability in connection with the vesting of previously granted restricted units by means of Issuer's withholding of Common Units in accordance with the provisions of Issuer's restricted unit plan and SEC Rule 16b-3.
- [F2]One third of the phantom units vest on each of the first three anniversaries of the grant date, subject to continuous employment or service of the reporting person from the grant date through the applicable payment date. Upon vesting, phantom units are automatically converted into cash equal to the average of the highest and lowest trading prices of the Issuer's Common Units on the vesting date.