James E. Davison - 01 Oct 2022 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role
Director
Signature
James E. Davison
Issuer symbol
GEL
Transactions as of
01 Oct 2022
Net transactions value
-$39,647
Form type
4
Filing time
04 Oct 2022, 11:40:00 UTC
Previous filing
09 Aug 2022
Next filing
04 Jan 2023
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 +2,468 +0.09% 2,720,358 01 Oct 2022 Direct F1, F2
transaction GEL Common Units - Class A Disposed to Issuer $27,000 -2,468 -0.09% $10.94 2,717,890 01 Oct 2022 Direct F1, F2
transaction GEL Common Units - Class A Options Exercise +1,156 +0.04% 2,719,046 01 Oct 2022 Direct F1, F2
transaction GEL Common Units - Class A Disposed to Issuer $12,647 -1,156 -0.04% $10.94 2,717,890 01 Oct 2022 Direct F1, F2
holding GEL Common Units - Class A 1,010,835 01 Oct 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 -2,468 -7% 32,892 01 Oct 2022 Common Units - Class A 2,468 Direct F2
transaction GEL Phantom Units Options Exercise -1,156 -3.5% 31,736 01 Oct 2022 Common Units - Class A 1,156 Direct F2
transaction GEL Phantom Units Award +3,165 +10% 34,901 03 Oct 2022 Common Units - Class A 3,165 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 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.
F5 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.