Ruben S. Martin - 13 Dec 2021 Form 4 Insider Report for MARTIN MIDSTREAM PARTNERS L.P. (MMLP)

Role
Director, 10%+ Owner
Signature
/s/ Ruben S. Martin
Issuer symbol
MMLP
Transactions as of
13 Dec 2021
Net transactions value
+$338,520
Form type
4
Filing time
15 Dec 2021, 10:11:30 UTC
Previous filing
10 Dec 2021
Next filing
12 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMLP Common Units Award $112,040 +40,000 +2% $2.80 2,031,500 13 Dec 2021 By Senterfitt Holdings Inc. F2
transaction MMLP Common Units Award $226,480 +80,000 +3.9% $2.83 2,111,500 14 Dec 2021 By Senterfitt Holdings Inc. F2
holding MMLP Common Units 467,193 13 Dec 2021 Direct
holding MMLP Common Units 6,114,532 13 Dec 2021 By Martin Resource Management Corporation F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Martin beneficially owns securities in Martin Resource Management Corporation and serves as its Chairman of the Board of Directors and President. Martin Resource Management Corporation indirectly owns 4,203,823 common units of the issuer through its wholly-owned subsidiary, Martin Resource LLC, 1,021,265 common units through its wholly-owned subsidiary, Martin Product Sales, LLC, and 889,444 common units through its wholly-owned subsidiary, Cross Oil Refining & Marketing Inc. As a result, Mr. Martin may be deemed the beneficial owner of the common units indirectly owned by Martin Resource Management Corporation and disclaims beneficial ownership of these common units, except to the extent of his pecuniary interest therein.
F2 Mr. Martin is the sole shareholder and sole director of Senterfitt Holdings Inc. As a result, Mr. Martin may be deemed the beneficial owner of the common units owned by Senterfitt Holdings Inc.

Remarks:

Ruben S. Martin is Chairman of the Board of Directors of Martin Midstream GP LLC, the general partner of Martin Midstream Partners L.P.