D. Andrew Woodward - 17 Aug 2022 Form 4 Insider Report for Blueknight Energy Partners, L.P.

Reporting relationship: CEO
Issuer ticker: N/A
Reported as of: 17 Aug 2022
Net transaction value: -$2,363,500
SEC form: 4
Accepted by SEC: 17 Aug 2022, 17:31:34 UTC
Prior SEC filing: 09 Mar 2022
Next SEC filing: 20 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ D. Andrew Woodward

Key filing fact

D. Andrew Woodward filed Form 4 for Blueknight Energy Partners, L.P. on 17 Aug 2022.

Key facts

This page summarizes D. Andrew Woodward's Form 4 filing for Blueknight Energy Partners, L.P..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 17 Aug 2022, 17:31.

Change

Previous filing in this sequence was filed on 09 Mar 2022.
Current net transaction value: -$2,363,500.

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.

BKEP transaction

Common units representing limited partner interests

Disposed to Issuer

Transaction value: $2,363,500
Shares: -508,280
Change %: -100%
Price: $4.65
Shares after: 0
Date: 17 Aug 2022
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

D. Andrew Woodward is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

In connection with the Agreement and Plan of Merger, dated April 21, 2022, by and among Ergon Asphalt & Emulsions, Inc., Merle, LLC, Blueknight Energy Partners G.P., L.L.C. and Blueknight Energy Partners, L.P. (the "Merger Agreement"), these common units were converted into a right of the holder to receive an amount in cash equal to the per unit merger consideration of $4.65. Of Mr. Woodward's common units, 151,485.60 units were fully vested prior to the consummation of the transactions contemplated by the Merger Agreement, and 356,794 were phantom units accelerated immediately prior to the consummation of the transactions contemplated by the Merger Agreement.

SEC remarks

Mr. Woodward is the Chief Executive Officer of Blueknight Energy Partners G.P., L.L.C., the general partner of Blueknight Energy Partners, L.P.