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GENESIS ENERGY LP Director's Dealing 2014

Apr 3, 2014

31663_dirs_2014-04-03_091e1a01-9c37-4151-82ea-9d66af63ace4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENESIS ENERGY LP (GEL)
CIK: 0001022321
Period of Report: 2014-04-01

Reporting Person: ROBERTSON CORBIN J III (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-13 Common Units - Class A G 20000 Disposed 1489555 Direct
2014-04-01 Common Units - Class A M 664 Acquired 1490219 Direct
2014-04-01 Common Units - Class A D 664 $54.46 Disposed 1489555 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-04-01 Phantom Units $ M 664 Disposed 2014-04-01 Common Units - Class A (664.0) Direct
2014-04-01 Phantom Units $ A 428 Acquired 2017-04-01 Common Units - Class A (428.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Units - Class A 5743 Indirect
Common Units - Class A 185868 Indirect
Common Units - Class A 20000 Indirect

Footnotes

F1: 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.

F2: Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.

F3: The reporting person disclaims beneficial ownership of the phantom units that vested and were paid in cash as he is required to give all proceeds related to such phantom units to QEP Management Co., L.P. or one of it affiliates.

F4: Members of the immediate family of the reporting person are beneficiaries of this trust and the reporting person may be deemed to have beneficial ownership of the securities held by it.

F5: Members of the immediate family of the reporting person are beneficiaries of this partnership and the reporting person may be deemed to have beneficial ownership of the securities held by it.

F6: 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.

F7: Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be accrued over the vesting period and paid quarterly.

F8: The reporting person disclaims beneficial ownership of 3,417 phantom units as he is required to give all proceeds related thereto to QEP Management Co., L.P. or one of it affiliates.