Ryan Willman - Oct 19, 2023 Form 4 Insider Report for Calumet Specialty Products Partners, L.P. (CLMT)

Role
Chief Accounting Officer
Signature
/s/ Ryan Willman
Stock symbol
CLMT
Transactions as of
Oct 19, 2023
Transactions value $
-$19,000
Form type
4
Date filed
10/20/2023, 12:24 PM
Previous filing
Mar 17, 2023
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Unit Options Exercise $0 +7.5K +187.5% $0.00 11.5K Oct 19, 2023 Direct
transaction CLMT Common Unit Tax liability $0 -3.14K -27.3% $0.00 8.36K Oct 19, 2023 Direct F1
transaction CLMT Common Unit Sale -$19K -1K -11.96% $19.00 7.36K Oct 19, 2023 Direct F2

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 -7.5K -100% $0.00* 0 Oct 19, 2023 Common Unit 7.5K Direct F3, F4
* 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 3,139 Common Units to satisfy tax withholding liabilities upon delivery of Common Units in accordance with Rule 16b-3.
F2 The reporting person contributed 100% of the proceeds from the sale reported on this Form 4 to a charitable organization.
F3 Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
F4 100% of the Phantom Units vested on September 28, 2023 and were settled for Common Units on October 19, 2023.