Sharilyn S. Gasaway - 03 Apr 2024 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role
Director
Signature
Sharilyn S. Gasaway
Issuer symbol
GEL
Transactions as of
03 Apr 2024
Net transactions value
-$31,457
Form type
4
Filing time
03 Apr 2024, 13:33:08 UTC
Previous filing
02 Apr 2024
Next filing
29 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEL Common Units - Class A Options Exercise +2,834 +0.98% 291,198 03 Apr 2024 Direct F1, F2
transaction GEL Common Units - Class A Disposed to Issuer $31,457 -2,834 -0.97% $11.10 288,364 03 Apr 2024 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 -2,834 -19% 12,411 03 Apr 2024 Common Units - Class A 2,834 Direct F2
* 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.