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GENESIS ENERGY LP — Director's Dealing 2015
Apr 15, 2015
31663_dirs_2015-04-15_75be01e6-dd60-4143-983f-fd22e0636cb9.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: 2015-04-10
Reporting Person: alexander Richard R (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-10 | Common Units - Class A | M | 11035 | — | Acquired | 21035 | Direct |
| 2015-04-10 | Common Units - Class A | D | 11035 | $45.2065 | Disposed | 10000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-10 | Phantom Units | $ | M | 8488 | Disposed | 2015-04-10 | Common Units - Class A (8488.0) | Direct |
Footnotes
F1: Pursuant to the terms of the 2012 phantom unit award, because the quarterly distribution on the common units for the fourth quarter of 2014 was $0.57 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: 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.