Scott Obermeier - Mar 4, 2022 Form 4 Insider Report for Calumet Specialty Products Partners, L.P. (CLMT)

Role
EVP - Commercial
Signature
/s/ Vincent Donargo, as attorney-in-fact
Stock symbol
CLMT
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 08:48 AM
Previous filing
Feb 24, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Unit Options Exercise $0 +27K +96.64% $0.00 55K Mar 4, 2022 Direct
transaction CLMT Common Unit Tax liability $0 -13.2K -24% $0.00 41.8K Mar 4, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLMT Phantom Unit Options Exercise $0 -27K -100% $0.00* 0 Mar 4, 2022 Common Unit 27K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to surrender 13,201 common units to satisfy tax withholding liabilities upon delivery of common units in accordance with Rule 16b-3.
F2 Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
F3 100% of the Phantom Units vest on December 31, 2021.