James E. Davison - 01 Apr 2025 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role: Director
Signature: James E. Davison
Issuer symbol: GEL
Transactions as of: 01 Apr 2025
Net transactions value: -$37,927
Form type: 4
Filing time: 02 Apr 2025, 14:44:04 UTC
Previous filing: 03 Jan 2025
Next filing: 02 Jul 2025
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		+2,643	+0.1%		2,720,533	01 Apr 2025	Direct	F1, F2
transaction	GEL	Common Units - Class A	Disposed to Issuer	$37,927	-2,643	-0.1%	$14.35	2,717,890	01 Apr 2025	Direct	F1, F2
holding	GEL	Common Units - Class A						1,010,835	01 Apr 2025	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		-2,643	-23%		8,917	01 Apr 2025	Common Units - Class A	2,643		Direct	F2
transaction	GEL	Phantom Units	Award		+2,372	+27%		11,289	01 Apr 2025	Common Units - Class A	2,372		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.