Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLMT | Phantom Units | Award | $0 | +1.43K | $0.00 | 1.43K | Nov 7, 2023 | Common Units | 1.43K | Direct | F1, F2 | ||
transaction | CLMT | Phantom Unit | Award | $0 | +476 | $0.00 | 476 | Nov 7, 2023 | Common Unit | 476 | Direct | F1, F3 | ||
transaction | CLMT | Phantom Units | Award | $0 | +7.49K | $0.00 | 7.49K | Nov 7, 2023 | Common Units | 7.49K | Direct | F1, F4 |
Id | Content |
---|---|
F1 | Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit. |
F2 | Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date. Phantom Units are 100% vested. |
F3 | Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Phantom Units vest on July 1 of each year beginning on July 1, 2024. |
F4 | Phantom Units vest on November 7, 2026. Phantom Units will be settled upon vesting. |