Scott Obermeier - 03 Feb 2023 Form 4 Insider Report for Calumet Specialty Products Partners, L.P.

Role
EVP - Specialties
Signature
/s/ Vincent Donargo, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
03 Feb 2023
Net transactions value
$0
Form type
4
Filing time
07 Feb 2023, 14:31:40 UTC
Previous filing
10 Aug 2022
Next filing
16 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Unit Options Exercise $0 +249,992 +519% $0.000000 298,135 03 Feb 2023 Direct
transaction CLMT Common Unit Tax liability $0 -110,336 -37% $0.000000 187,799 03 Feb 2023 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 Units Options Exercise $0 -26,279 -100% $0.000000* 0 03 Feb 2023 Common Unit 26,279 Direct F2, F3
transaction CLMT Phantom Unit Options Exercise $0 -223,713 -100% $0.000000* 0 03 Feb 2023 Common Unit 223,713 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 110,336 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, 2022.