Thomas R. Shoaf - Jan 27, 2022 Form 4 Insider Report for NuStar Energy L.P. (NS)

Role
EVP & CFO
Signature
/s/Michelle S. Miller, as Attorney-in-Fact for Thomas R. Shoaf
Stock symbol
NS
Transactions as of
Jan 27, 2022
Transactions value $
-$141,416
Form type
4
Date filed
1/31/2022, 04:24 PM
Previous filing
Nov 17, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NS Common Units Award $0 +23.3K +14.56% $0.00 184K Jan 27, 2022 Direct F1, F2, F3
transaction NS Common Units Tax liability -$141K -8.72K -4.75% $16.21 175K Jan 27, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 27, 2022, the Compensation Committee of the Board of Directors of NuStar GP, LLC, the general partner of the Issuer's general partner, determined that the performance awards available to vest with respect to 2021 performance vested at 150%.
F2 The total reported in column 5 has been adjusted to correct an overstatement of total holdings by 11 units.
F3 Since the date of the reporting person's last Form 4, he transferred 42,100 units pursuant to a domestic relations order. This transfer was exempt from Section 16 pursuant to Rule 16a-12 under the Exchange Act. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
F4 Reflects common units not distributed to the reporting person in order to satisfy the reporting person's tax obligations on grants.