Ruben S. Martin - Aug 17, 2023 Form 4 Insider Report for MARTIN MIDSTREAM PARTNERS L.P. (MMLP)

Role
Director, 10%+ Owner
Signature
/s/ Ruben S. Martin
Stock symbol
MMLP
Transactions as of
Aug 17, 2023
Transactions value $
$50
Form type
4
Date filed
8/17/2023, 12:38 PM
Previous filing
Aug 8, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMLP Common Units Purchase $50.00 +17.9 +0.01% $2.80 154K Aug 17, 2023 Direct F1
holding MMLP Common Units 6.11M Aug 17, 2023 By Martin Resource Management Corporation F2
holding MMLP Common Units 3.37M Aug 17, 2023 By Senterfitt Holdings Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These units, which were allocated to Mr. Martin on August 17, 2023 reflect the reinvestment of cash distributions made by the issuer in relation to units that were issued to Mr. Martin 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 its 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.
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.