Filing Details

Accession Number:
0001181431-11-056400
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-16 10:54:21
Reporting Period:
2011-11-14
Filing Date:
2011-11-16
Filing Date Changed:
2011-11-16
Accepted Time:
2011-11-16 10:54:21
Original Submission Date:
Issuer
Cik Name Symbol Sector (SIC) IRS No
1340122 Calumet Specialty Products Partners, L.p. CLMT Petroleum Refining (2911) 371516132
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1390947 Jennifer Straumins 2780 Waterfront Pkwy. E. Dr., Suite 200
Indianapolis IN 46214
President And Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings
Common Units Acquisiton 2011-11-14 184 $0.00 22,607
Common Units Acquisiton 2011-11-14 50 $0.00 22,657
Common Units Acquisiton 2011-11-14 11 $0.00 22,668
Common Units Acquisiton 2011-11-14 600 $19.50 23,268
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M 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 2011-11-14 184 $20.00 184 $0.00
Common Units Phantom Units Disposition 2011-11-14 184 $0.00 184 $0.00
Common Units Phantom Units Acquisiton 2011-11-14 100 $20.00 100 $0.00
Common Units Phantom Units Disposition 2011-11-14 50 $0.00 50 $0.00
Common Units Phantom Units Acquisiton 2011-11-14 44 $20.00 44 $0.00
Common Units Phantom Units Disposition 2011-11-14 11 $0.00 11 $0.00
Common Units Phantom Units Acquisiton 2011-11-14 17 $20.00 17 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
184 No 4 A Direct
0 No 4 M Direct
2,695 No 4 A Direct
2,645 No 4 M Direct
1,553 No 4 A Direct
1,542 No 4 M Direct
736 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units 13,600 Indirect See Footnote (6)
Common Units 3,043,037 Indirect See Footnote (7)
Common Units 13,500 Indirect See Footnote (8)
Footnotes
  1. Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
  2. Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date. Phantom Units are 100% vested. The reporting person settled the vested phantom units for common units.
  3. Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination of service. 25% of the Phantom Units vest on January 22 of each year beginning on January 22, 2010. The reporting person settled the vested phantom units for common units
  4. Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination of service. 25% of the Phantom Units vest on July 1 of each year beginning on July 1, 2011.
  5. Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination of service. 25% of the Phantom Units vest on July 1 of each year beginning on July 1, 2012.
  6. Units owned by Jennifer Straumins' ("Ms. Straumins") son. Ms. Straumins disclaims beneficial ownership of these units, and the inclusion of these units in this report shall not be deemed an admission of beneficial ownership of the reported units for purposes of Section 16 or for any other purpose.
  7. Units are owned by two trusts for the benefit of Ms. Straumins, her sibling and her mother. The trusts received the units as consideration for certain assets and liabilities that they contributed to the capital of the Issuer in connection with the Issuer's initial public offering. Ms. Straumins' mother is the trustee of the trusts. Ms. Straumins disclaims beneficial ownership of these units, and the inclusion of these units in this report shall not be deemed an admission of beneficial ownership of the reported units for purposes of Section 16 or for any other purpose.
  8. Units owned by Jennifer Straumins' ("Ms. Straumins") son. Ms. Straumins disclaims beneficial ownership of these units, and the inclusion of these units in this report shall not be deemed an admission of beneficial ownership of the reported units for purposes of Section 16 or for any other purpose.
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