Funk Robert E 4
4 · Calumet Specialty Products Partners, L.P. · Filed Feb 25, 2021
Insider Transaction Report
Form 4
Funk Robert E
Director
Transactions
- Award
Phantom Unit
2021-02-23+2,999→ 2,999 total→ Common Units (2,999 underlying) - Award
Phantom Units
2021-02-23+1,000→ 1,000 total→ Common Units (1,000 underlying)
Footnotes (3)
- [F1]Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- [F2]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 terminationdate. Phantom Units are 100% vested.
- [F3]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 terminationdate pursuant to the Deferred Compensation Plan. 25% of the Phantom Units vest on July 1 of each year beginning on July 1, 2022.