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GENESIS ENERGY LP — Director's Dealing 2023
Jan 4, 2023
31663_dirs_2023-01-04_def0bc67-01f4-490d-a668-9a71bca9f4cd.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: 2023-01-02
Reporting Person: Davison James E (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-02 | Common Units - Class A | M | 1182 | — | Acquired | 2719072 | Direct |
| 2023-01-02 | Common Units - Class A | D | 1182 | $9.70 | Disposed | 2717890 | Direct |
| 2023-01-03 | Common Units - Class A | M | 2207 | — | Acquired | 2720097 | Direct |
| 2023-01-03 | Common Units - Class A | D | 2207 | $9.70 | Disposed | 2717890 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-02 | Phantom Units | $ | M | 1182 | Disposed | 2023-01-02 | Common Units - Class A (1182.0) | Direct |
| 2023-01-03 | Phantom Units | $ | M | 2207 | Disposed | 2023-01-03 | Common Units - Class A (2207.0) | Direct |
| 2023-01-03 | Phantom Units | $ | A | 3083 | Acquired | 2024-01-03 | Common Units - Class A (3083.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Units - Class A | 1010835 | 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 is the sole stockholder of Terminal Services, Inc.
F4: 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.
F5: 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.