Todd Borgmann - Jan 18, 2024 Form 4 Insider Report for Calumet Specialty Products Partners, L.P. (CLMT)

Role
CHIEF EXECUTIVE OFFICER
Signature
/s/ Vincent Donargo, as attorney-in-fact
Stock symbol
CLMT
Transactions as of
Jan 18, 2024
Transactions value $
$0
Form type
4
Date filed
1/22/2024, 05:31 PM
Previous filing
Nov 20, 2023
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Units Options Exercise $0 +24.5K +26.3% $0.00 118K Jan 18, 2024 Direct
transaction CLMT Common Units Tax liability $0 -11K -9.37% $0.00 107K Jan 18, 2024 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 -24.5K -100% $0.00* 0 Jan 18, 2024 Common Units 24.5K 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 11,018 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 vested on December 31, 2023.