BENAVIDES ROSS A 4
4 · GENESIS ENERGY LP · Filed Jan 5, 2004
Insider Transaction Report
Form 4
BENAVIDES ROSS A
General Counsel
Transactions
- Award
Stock Appreciation Right
2003-12-31$9.26/sh+15,889$147,132→ 15,889 totalExercise: $9.26Exp: 2013-12-31→ Genesis Energy, L.P. Limited Partnership Units (15,889 underlying)
Footnotes (2)
- [F1]The stock appreciation right provides the grantee the right to receive cash upon exercise of the right for the difference between the strike price and the average of the closing market price of GEL limited partnership units for the ten days preceding the date of exercise.
- [F2]One fourth of the rights granted vest on each of the first four anniversaries of the transaction date.