Ruben S. Martin - 09 May 2022 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
09 May 2022
Net transactions value
+$92,120
Form type
4
Filing time
10 May 2022, 13:16:11 UTC
Previous filing
13 Apr 2022
Next filing
13 May 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 Purchase $2,120 +427 +0.45% $4.96 96,009 09 May 2022 Direct F1
transaction MMLP Common Units Purchase $90,000 +20,000 +0.7% $4.50 2,861,578 10 May 2022 By Senterfitt Holdings Inc. F3
holding MMLP Common Units 6,114,532 09 May 2022 By Martin Resource Management Corporation F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued pursuant to a benefit plan administered by Martin Resource Management Corporation.
F2 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.
F3 Mr. Martin is the sole shareholder and sole director and has sole voting and investment power of 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.