James E. Davison Jr. - 01 Oct 2024 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Oct 2024, 16:36:12 UTC
Prior SEC filing
03 Jul 2024
Next SEC filing
03 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
James E. Davison, Jr.

Key filing fact

James E. Davison Jr. filed Form 4 for GENESIS ENERGY LP (GEL) on 02 Oct 2024.

Key facts

  • This page summarizes James E. Davison Jr.'s Form 4 filing for GENESIS ENERGY LP (GEL).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Oct 2024, 16:36.

Change

  • Previous filing in this sequence was filed on 03 Jul 2024.
  • Current net transaction value: -$38,724.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GEL transaction

Common Units - Class A

Options Exercise

Transaction value
Shares
+2,956
Change %
+0.08%
Price
Shares after
3,886,001
Date
02 Oct 2024
Ownership
Direct
Footnotes
F1, F2
GEL transaction

Common Units - Class A

Disposed to Issuer

Transaction value
$38,724
Shares
-2,956
Change %
-0.08%
Price
$13.10
Shares after
3,883,045
Date
02 Oct 2024
Ownership
Direct
Footnotes
F1, F2
GEL holding

Common Units - Class A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
446,461
Date
01 Oct 2024
Ownership
James Ellis Davison, III Trust
Footnotes
F3
GEL holding

Common Units - Class A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
446,462
Date
01 Oct 2024
Ownership
Sarah Margaret Davison Trust
Footnotes
F3
GEL holding

Common Units - Class A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
446,460
Date
01 Oct 2024
Ownership
William Charles Davison Trust
Footnotes
F3
GEL holding

Common Units - Class A

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
187,856
Date
01 Oct 2024
Ownership
James E. and Margaret A.B. Davison Special Trust
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GEL transaction Derivative

Phantom Units

Options Exercise

Transaction value
Shares
-2,956
Change %
-28%
Price
Shares after
7,772
Date
02 Oct 2024
Ownership
Direct
Underlying class
Common Units - Class A
Underlying amount
2,956
Exercise price
Footnotes
F2
GEL transaction Derivative

Phantom Units

Award

Transaction value
Shares
+2,778
Change %
+36%
Price
Shares after
10,550
Date
01 Oct 2024
Ownership
Direct
Underlying class
Common Units - Class A
Underlying amount
2,778
Exercise price
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Due to the reporting person's relationship with the beneficiaries and trustees of the Sarah Margaret Davison Trust, the William Charles Davison Trust and the James Ellis Davison, III Trust (collectively, the "Trusts"), the reporting person could be deemed to have an indirect pecuniary interest in the Common Units Class A that are beneficially owned by the Trusts. All Common Units Class A owned by the Trusts are reported on these lines. The reporting person disclaims beneficial ownership of these Common Units Class A except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these Common Units Class A for purposes of Section 16 or for any other purpose.

Footnote F4

These Common Units Class A are beneficially owned by the James E. and Margaret A.B. Davison Special Trust (the "Special Trust"). The reporting person could be deemed to have an indirect pecuniary interest in such Common Units Class A. All Common Units Class A owned by the Special Trust are reported on this line. The reporting person disclaims beneficial ownership of these Common Units Class A except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these Common Units Class A for purposes of Section 16or for any other purpose.

Footnote 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.

Footnote F6

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.

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