Reuven Spiegel - Dec 8, 2023 Form 4 Insider Report for Delek Logistics Partners, LP (DKL)

Signature
/s/ Misty Foy, Attorney in Fact
Stock symbol
DKL
Transactions as of
Dec 8, 2023
Transactions value $
-$33,866
Form type
4
Date filed
12/12/2023, 08:04 PM
Previous filing
Nov 13, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKL Common Units Tax liability -$16.5K -334 -2.8% $49.42 11.6K Dec 8, 2023 Direct
transaction DKL Common Units Sale -$17.4K -350 -3.01% $49.60 11.3K Dec 8, 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).