Jack H. Stark - 22 Jun 2022 Form 4 Insider Report for Cypress Environmental Partners, L.P.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Jul 2022, 06:30:38 UTC
Prior SEC filing: 05 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ Jonathan M. Cinocca, Attorney-in-Fact for Jack H. Stark

Key filing fact

Jack H. Stark filed Form 4 for Cypress Environmental Partners, L.P. on 07 Jul 2022.

Key facts

This page summarizes Jack H. Stark's Form 4 filing for Cypress Environmental Partners, L.P..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Jul 2022, 06:30.

Change

Previous filing in this sequence was filed on 05 Apr 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CELP transaction

Common Units (Limited Partner Interests)

Disposed to Issuer

Transaction value: $0
Shares: -1,392
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Jun 2022
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CELP transaction Derivative

Phantom Units (Limited Partner Interests)

Disposed to Issuer

Transaction value: $0
Shares: -15,576
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Jun 2022
Ownership: Direct
Underlying class: Common Units (Limited Partner Interests)
Underlying amount: 15,576
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jack H. Stark is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On May 8, 2022, Cypress Environmental Partners, L.P., a Delaware limited partnership (the "Issuer"), and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On June 21, 2022, the Bankruptcy Court entered an order an order confirming the Second Modified Joint Prepackaged Chapter 11 Plan of Reorganization of Cypress Environmental Partners, L.P. and its Debtor Affiliates (as amended, modified or supplemented from time to time, the "Plan"). On June 22, 2022 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11.

Footnote F2

(Continued from Footnote 1) On the Effective Date, all outstanding common units representing limited partner interests in the Issuer and all outstanding phantom units were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.

Footnote F3

Upon vesting, each phantom unit converts into a common unit on a one for one basis, or into cash, at the discretion of the Issuer. The phantom units expire upon settlement.