Douglas Dagan - Nov 15, 2023 Form 4 Insider Report for SUBURBAN PROPANE PARTNERS LP (SPH)

Role
VP-Strat Init-Renew Energy
Signature
Bryon Koepke, by power of attorney
Stock symbol
SPH
Transactions as of
Nov 15, 2023
Transactions value $
$0
Form type
4
Date filed
11/15/2023, 04:25 PM
Previous filing
Sep 1, 2023
Next filing
Nov 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPH Common Units (representing limited partnership interests) Award $0 +17.6K +53.86% $0.00 50.4K Nov 15, 2023 Direct
transaction SPH Common Units (representing limited partnership interests) Disposed to Issuer -$69.7K -4.08K -11.07% $17.10 32.7K Nov 15, 2023 Direct
transaction SPH Common Units (representing limited partnership interests) Options Exercise $69.7K +4.08K +12.45% $17.10 36.8K Nov 15, 2023 Direct

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 SPH Phantom Units Award $0 +17.6K +216.35% $0.00 25.8K Nov 15, 2023 Common Units 17.6K Direct F1
transaction SPH Phantom Units Options Exercise -4.08K -33.34% 8.15K Nov 15, 2023 Common Units 4.08K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One third of the phantom units vest on each of the first three anniversaries of the grant date, subject to continuous employment or service of the reporting person from the grant date through the applicable payment date. Upon vesting, phantom units are automatically converted into cash equal to the average of the highest and lowest trading prices of the Issuer's Common Units on the vesting date.