James E. Davison - Jan 2, 2022 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role: Director
Signature: James E. Davison
Stock symbol: GEL
Transactions as of: Jan 2, 2022
Transactions value $: -$13,832
Form type: 4
Date filed: 1/4/2022, 02:00 PM
Previous filing: Oct 5, 2021
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GEL	Common Units - Class A	Options Exercise		+1.33K	+0.05%		2.66M	Jan 2, 2022	Direct	F1, F2
transaction	GEL	Common Units - Class A	Disposed to Issuer	-$13.8K	-1.33K	-0.05%	$10.40	2.66M	Jan 2, 2022	Direct	F1, F2
holding	GEL	Common Units - Class A						1.01M	Jan 2, 2022	Terminal Services, Inc.	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	GEL	Phantom Units	Options Exercise		-1.33K	-4.02%		31.8K	Jan 2, 2022	Common Units - Class A	1.33K		Direct	F2
transaction	GEL	Phantom Units	Award		+2.21K	+6.95%		34K	Jan 3, 2022	Common Units - Class A	2.21K		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 Reporting Person is the sole stockholder of Terminal Services, Inc.
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.