James E. Davison - Jul 1, 2022 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role: Director
Signature: James E. Davison
Stock symbol: GEL
Transactions as of: Jul 1, 2022
Transactions value $: -$33,592
Form type: 4
Date filed: 7/5/2022, 02:40 PM
Previous filing: Apr 4, 2022
Next filing: Aug 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		+1.14K	+0.04%		2.66M	Jul 1, 2022	Direct	F1, F2
transaction	GEL	Common Units - Class A	Disposed to Issuer	-$11.8K	-1.14K	-0.04%	$10.32	2.66M	Jul 1, 2022	Direct	F1, F2
transaction	GEL	Common Units - Class A	Options Exercise		+2.11K	+0.08%		2.66M	Jul 1, 2022	Direct	F1, F2, F3
transaction	GEL	Common Units - Class A	Disposed to Issuer	-$21.8K	-2.11K	-0.08%	$10.32	2.66M	Jul 1, 2022	Direct	F1, F2, F3
holding	GEL	Common Units - Class A						1.01M	Jul 1, 2022	Terminal Services, Inc.	F4

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		-1.14K	-4.05%		27.1K	Jul 1, 2022	Common Units - Class A	1.14K		Direct	F2
transaction	GEL	Phantom Units	Options Exercise		-2.11K	-7.79%		25K	Jul 1, 2022	Common Units - Class A	2.11K		Direct	F2, F3
transaction	GEL	Phantom Units	Award		+3.58K	+14.35%		28.6K	Jul 1, 2022	Common Units - Class A	3.58K		Direct	F5, F6
holding	GEL	Phantom Units						31K	Jul 1, 2022	Common Units - Class A	2.47K		Direct	F7
holding	GEL	Phantom Units						33.2K	Jul 1, 2022	Common Units - Class A	2.21K		Direct	F8
holding	GEL	Phantom Units						35.4K	Jul 1, 2022	Common Units - Class A	2.13K		Direct	F9, F10

* 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 07/01/2024 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 07/02/2021 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 07/01/2022 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021).
F4	The Reporting Person is the sole stockholder of Terminal Services, Inc.
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.
F6	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.
F7	The 10/01/2024 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 10/05/2021 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 10/01/2022 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021).
F8	The 01/03/2025 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 01/04/2022 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 01/03/2023 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021).
F9	The 04/01/2025 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 04/04/2022 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 04/01/2023 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021).
F10	The reporting person owns an aggregate of 35,360 phantom units following the transactions reported in this Form 4, 10,385 of which vest on the one year anniversary of the date of grant, and 24,975 of which vest on the three year anniversary of the date of grant.