Form 4 for GEL GENESIS ENERGY LP
Accepted 2024-01-04 00:00:00 ET · period of report 2024-01-02 · accession 0001022321-24-000011 · 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 | 2024-01-04 | 2024-01-03+ | GEL | JASTROW KENNETH M II | Dir | D - Sale to Iss | $11.93 | -8,000 | 150.0K | -5% | -$95.5K |
| DM | 2024-01-04 | 2024-01-03+ | GEL | JASTROW KENNETH M II | Dir | M - OptEx | — | +8,000 | 154.6K | +5% | — |
| DM | 2024-01-04 | 2024-01-03+ | GEL | JASTROW KENNETH M II | Dir | M - OptEx | — | -8,000 | 12.5K | -39% | — |
| D | 2024-01-04 | 2024-01-02 | GEL | JASTROW KENNETH M II | Dir | A - Grant | — | +2,810 | 15.3K | +22% | — |
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 | 2024-01-04 | D | D | 4,596 | $11.92 | 150,000 | 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 | 2024-01-03 | M | A | 3,404 | — | 153,404 | 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. |
| 3 | Common | Common Units - Class A | 2024-01-04 | M | A | 4,596 | — | 154,596 | 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. |
| 4 | Common | Common Units - Class A | 2024-01-03 | D | D | 3,404 | $11.95 | 150,000 | 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 | 2024-01-03 | M | D | 3,404 | — | 17,104 | D | — · 2024-01-03 to 2024-01-03 | 3,404 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. |
| 6 | Derivative | Phantom Units | 2024-01-04 | M | D | 4,596 | — | 12,508 | D | — · 2024-01-04 to 2024-01-04 | 4,596 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 | 2024-01-02 | A | A | 2,810 | — | 15,318 | D | — · 2025-01-02 to 2025-01-02 | 2,810 Commom Units - Class A | (F3) 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. (F4) 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. |