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GENESIS ENERGY LP — Director's Dealing 2024
Jan 4, 2024
31663_dirs_2024-01-04_80e29686-e0b1-46d8-8ab5-69f630f5d9a4.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: 2024-01-02
Reporting Person: JASTROW KENNETH M II (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-03 | Common Units - Class A | M | 3404 | — | Acquired | 153404 | Direct |
| 2024-01-03 | Common Units - Class A | D | 3404 | $11.95 | Disposed | 150000 | Direct |
| 2024-01-04 | Common Units - Class A | M | 4596 | — | Acquired | 154596 | Direct |
| 2024-01-04 | Common Units - Class A | D | 4596 | $11.92 | Disposed | 150000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-03 | Phantom Units | $ | M | 3404 | Disposed | 2024-01-03 | Common Units - Class A (3404) | Direct |
| 2024-01-04 | Phantom Units | $ | M | 4596 | Disposed | 2024-01-04 | Common Units - Class A (4596) | Direct |
| 2024-01-02 | Phantom Units | $ | A | 2810 | Acquired | 2025-01-02 | Commom Units - Class A (2810) | Direct |
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: 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.
F4: 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.