Conrad P. Albert - Apr 3, 2024 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role
Director
Signature
Conrad P. Albert
Stock symbol
GEL
Transactions as of
Apr 3, 2024
Transactions value $
-$30,270
Form type
4
Date filed
4/3/2024, 01:33 PM
Previous filing
Apr 2, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEL Common Units - Class A Options Exercise +2.73K +18.18% 17.7K Apr 3, 2024 Direct F1, F2
transaction GEL Common Units - Class A Disposed to Issuer -$30.3K -2.73K -15.38% $11.10 15K Apr 3, 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 -2.73K -18.9% 11.7K Apr 3, 2024 Common Units - Class A 2.73K 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.