Reuven Spiegel - 08 Dec 2023 Form 4 Insider Report for Delek Logistics Partners, LP (DKL)

Signature
/s/ Misty Foy, Attorney in Fact
Issuer symbol
DKL
Transactions as of
08 Dec 2023
Net transactions value
-$33,866
Form type
4
Filing time
12 Dec 2023, 20:04:14 UTC
Previous filing
13 Nov 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKL Common Units Tax liability $16,506 -334 -2.8% $49.42 11,610 08 Dec 2023 Direct
transaction DKL Common Units Sale $17,360 -350 -3% $49.60 11,260 08 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction for the sale of 750 shares at a price of $25.82/share was made pursuant to a 10b5-1 plan adopted on August 10, 2023, and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).