Jeffrey W. Ubben - Aug 5, 2021 Form 4 Insider Report for Enviva Partners, LP (EVA)

Role
Director, Other*, 10%+ Owner
Signature
/s/ Jeffrey W. Ubben
Stock symbol
EVA
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
4
Date filed
8/9/2021, 07:35 AM
Previous filing
Jun 14, 2021
Next filing
Nov 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVA Common Units Options Exercise $0 +2.88K $0.00 2.88K Aug 5, 2021 Direct F1, F2
holding EVA Common Units 5.71M Aug 5, 2021 See footnotes F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVA Phantom Units Options Exercise $0 -2.88K -100% $0.00* 0 Aug 5, 2021 Common Units 2.88K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 5, 2021, the phantom units reported herein vested in accordance with Mr. Ubben's grant award and were settled through the issuance of an equal number of common units to Mr. Ubben. Mr. Ubben is deemed to hold the common units received upon vesting for the benefit of the In-Cap Funds (as defined below) and In-Cap (as defined below).
F2 The filing of this statement shall not be deemed an admission that either Reporting Person (as defined below) is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Persons expressly disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
F3 The securities reported herein are held by certain funds (the "In-Cap Funds") to which Inclusive Capital Partners, L.P., a Delaware limited partnership, ("In-Cap") acts as investment manager. Mr. Ubben (together with In-Cap, the "Reporting Persons") indirectly controls In-Cap.

Remarks:

In-Cap may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Mr. Ubben currently serves on the board of directors of the General Partner.