Sharilyn S. Gasaway - 01 Oct 2021 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role: Director
Signature: Sharilyn S. Gasaway
Issuer symbol: GEL
Transactions as of: 01 Oct 2021
Net transactions value: -$9,945
Form type: 4
Filing time: 05 Oct 2021, 12:16:08 UTC
Previous filing: 02 Jul 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GEL	Common Units - Class A	Options Exercise		+1,155	+0.4%		289,519	01 Oct 2021	Direct	F1, F2
transaction	GEL	Common Units - Class A	Disposed to Issuer	$9,945	-1,155	-0.4%	$8.61	288,364	01 Oct 2021	Direct	F1, F2

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	GEL	Phantom Units	Options Exercise		-1,155	-3.2%		34,460	01 Oct 2021	Common Units - Class A	1,155		Direct	F2, F3
transaction	GEL	Phantom Units	Award		+2,776	+8.1%		37,236	01 Oct 2021	Common Units - Class A	2,776		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 total reported in Column 9 has been adjusted to correct an understatement of total holdings by 1,077 phantom units first reflected in a Form 4 filed on July 2, 2021
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.
F5	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.