Ruben S. Martin - 10 Jan 2024 Form 4 Insider Report for MARTIN MIDSTREAM PARTNERS L.P. (MMLP)

Signature
/s/ Ruben S. Martin
Issuer symbol
MMLP
Transactions as of
10 Jan 2024
Net transactions value
+$1,449
Form type
4
Filing time
10 Jan 2024, 11:24:10 UTC
Previous filing
11 Dec 2023
Next filing
12 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMLP Common Units Purchase $1,449 +582 +0.37% $2.49 156,723 10 Jan 2024 Direct
holding MMLP Common Units 6,114,532 10 Jan 2024 By Martin Resource Management Corporation F1
holding MMLP Common Units 3,726,607 10 Jan 2024 By Senterfitt Holdings Inc. F2
* 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 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.