Filing Details
- Accession Number:
- 0001340122-17-000167
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-07 16:57:12
- Reporting Period:
- 2017-08-03
- Filing Date:
- 2017-08-07
- Accepted Time:
- 2017-08-07 16:57:12
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1340122 | Calumet Specialty Products Partners L.p. | CLMT | Petroleum Refining (2911) | 351811116 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1392238 | West David Griffin | 2780 Waterfront Parkway E. Drive Suite 200 Indianapolis IN 46214 | Evp And Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Units | Acquisiton | 2017-08-03 | 100 | $5.15 | 54,452 | No | 4 | P | Direct | |
| Common Units | Acquisiton | 2017-08-04 | 453 | $5.35 | 54,905 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Units | Phantom Units | Acquisiton | 2017-08-03 | 250,000 | $0.00 | 250,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 250,000 | 2020-12-31 | No | 4 | A | Direct |
Footnotes
- Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- 40% of the Phantom Units will vest on January 1, 2018. An additional, 20% of the Phantom Units will vest at such time, if at all, that the average daily closing price of Calumet Specialty Products Partners, L.P. (the "Partnership") Common Units on the NASDAQ Stock Market LLC ("NASDAQ") during any 120 consecutive calendar day period averages $7 per Common Unit. An additional 20% of the Phantom Units will vest at such time, if at all, that the average daily closing price of the Partnership's Common Units on the NASDAQ during any 120 consecutive calendar day period averages $10 per Common Unit. An additional 20% of the Phantom Units will vest at such time, if at all, that the average daily closing price of the Partnership's Common Units on the NASDAQ during any 120 consecutive calendar day period averages $18 per Common Unit.Settlement will occur on the first to occur of the second anniversary of the reporting person's separation from service, or the issuer's change in control.
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