Filing Details

Accession Number:
0001144204-14-003777
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-23 20:45:19
Reporting Period:
2014-01-21
Filing Date:
2014-01-23
Accepted Time:
2014-01-23 20:45:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1587246 Cypress Energy Partners L.p. CELP Oil & Gas Field Services, Nec (1389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1596728 Richard Carson C/O Cypress Energy Partners, L.p.
5727 S. Lewis Avenue, Suite 500
Tulsa OK 74105
See Remarks 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 (Limited Partner Interests) Acquisiton 2014-01-21 1,000 $20.00 1,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Units (Limited Partner Interests) Subordinated Units (Limited Partner Interests) Acquisiton 2014-01-21 14,308 $0.00 14,308 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,308 No 4 J Direct
Footnotes
  1. Pursuant to a Contribution, Conveyance and Assumption Agreement by and among the Issuer, Cypress Energy Holdings, LLC ("Cypress Holdings"), Cypress Energy Holdings II, LLC ("Holdings II"), Cypress Energy Partners - TIR, LLC, Cypress Energy Partners GP, LLC, the Reporting Person and the other parties thereto, effective as of the closing of the Issuer's initial public offering (the "Offering"), Holdings II transferred 14,308 subordinated units to the Reporting Person in connection with the conversion of membership interests in Cypress Holdings to subordinated units of the Issuer.
  2. Vests in three equal annual installments on each of September 30, 2016, 2017 and 2018, subject to continued service as an employee or other service provider of the Issuer or one of its affiliates.
  3. Each subordinated unit will convert into one common unit at the end of the subordination period described in the Registration Statement.