Form 4 for GEL GENESIS ENERGY LP
Accepted 2022-07-05 00:00:00 ET · period of report 2022-07-01 · accession 0001022321-22-000044 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-07-05 | 2022-07-01 | GEL | Davison James E | Dir | M - OptEx | — | +3,255 | 2.66M | +0.1% | — |
| DM | 2022-07-05 | 2022-07-01 | GEL | Davison James E | Dir | D - Sale to Iss | $10.32 | -3,255 | 2.66M | -0.1% | -$33.6K |
| DM | 2022-07-05 | 2022-07-01 | GEL | Davison James E | Dir | M - OptEx | — | -3,255 | 27.1K | -11% | — |
| D | 2022-07-05 | 2022-07-01 | GEL | Davison James E | Dir | A - Grant | — | +3,584 | 28.6K | +14% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Units - Class A | 2022-07-01 | M | A | 1,144 | — | 2,659,034 | D | — | — | (F1) The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer. (F2) Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting. |
| 2 | Common | Common Units - Class A | 2022-07-01 | D | D | 2,111 | $10.32 | 2,657,890 | D | — | — | (F1) The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer. (F3) The 07/01/2024 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 07/02/2021 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 07/01/2022 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021). (F2) Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting. |
| 3 | Common | Common Units - Class A | 2022-07-01 | M | A | 2,111 | — | 2,660,001 | D | — | — | (F1) The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer. (F3) The 07/01/2024 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 07/02/2021 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 07/01/2022 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021). (F2) Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting. |
| 4 | Common | Common Units - Class A | 2022-07-01 | D | D | 1,144 | $10.32 | 2,657,890 | D | — | — | (F1) The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer. (F2) Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting. |
| 5 | Derivative | Phantom Units | 2022-07-01 | M | D | 2,111 | — | 24,975 | D | — · 2022-07-01 to 2022-07-01 | 2,111 Common Units - Class A | (F2) Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting. (F3) The 07/01/2024 Expiration Date and Date Exercisable shown on the reporting person's Form 4 filed on 07/02/2021 was incorrect, and should have reflected the Expiration Date and Date Exercisable as 07/01/2022 (as accurately disclosed in the issuer's Annual Report on Form 10-K for the year ended December 31, 2021). |
| 6 | Derivative | Phantom Units | 2022-07-01 | M | D | 1,144 | — | 27,086 | D | — · 2022-07-01 to 2022-07-01 | 1,144 Common Units - Class A | (F2) Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting. |
| 7 | Derivative | Phantom Units | 2022-07-01 | A | A | 3,584 | — | 28,559 | D | — · 2023-07-01 to 2023-07-01 | 3,584 Common Units - Class A | (F5) Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be accrued over the vesting period and paid quarterly. (F6) The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date. |