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

Role
CHIEF EXECUTIVE OFFICER
Signature
/s/ Vincent Donargo, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
18 Jan 2024
Net transactions value
$0
Form type
4
Filing time
22 Jan 2024, 17:31:32 UTC
Previous filing
20 Nov 2023
Next filing
08 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Units Options Exercise $0 +24,497 +26% $0.000000 117,631 18 Jan 2024 Direct
transaction CLMT Common Units Tax liability $0 -11,018 -9.4% $0.000000 106,613 18 Jan 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 -24,497 -100% $0.000000* 0 18 Jan 2024 Common Units 24,497 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.