GENESIS ENERGY LP — Director's Dealing 2014

Apr 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENESIS ENERGY LP (GEL)
CIK: 0001022321
Period of Report: 2014-04-29

Reporting Person: Smith Stephen M (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-29	Common Units - Class A	M	11820	—	Acquired	400992	Direct
2014-04-29	Common Units - Class A	D	11820	$54.87	Disposed	389172	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-29	Phantom Units	$	M	7880	Disposed	2014-04-29	Common Units - Class A (7880.0)	Direct

Footnotes

F1: Pursuant to the terms of the 2011 phantom unit award, because the quarterly distribution on the common units for the fourth quarter of 2013 was $0.52 per unit or greater, 150% of the phantom units awarded vested.

F2: The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.

F3: The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date.