SEC Form 4 · accession 0001022321-18-000020
GENESIS ENERGY LP · GEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Davison Jr.
Director
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 1:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022321
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units - Class A | Feb 14, 2018 | M | 1,000 | $20.92 | A | 3,784,045 | D | |
| Common Units - Class A | Feb 14, 2018 | D | 1,000 | $21.92 | D | 3,783,045 | D | |
| Common Units - Class AF1 | holding | — | — | — | 446,461 | I | James Ellis Davison, III Trust | |
| Common Units - Class AF1 | holding | — | — | — | 446,462 | I | Sarah Margaret Davison Trust | |
| Common Units - Class AF1 | holding | — | — | — | 446,460 | I | William Charles Davison Trust | |
| Common Units - Class AF2 | holding | — | — | — | 187,856 | I | James E. and Margaret A.B. Davison Special Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights (Payable in cash)F3 | $20.92 | Feb 14, 2018 | M | 1,000 | D | Feb 14, 2008 | Feb 14, 2018 | Common Units - Class A | 1,000 | 0 | D |
Explanation of responses
- F1Due to the reporting person's relationship with the beneficiaries and trustees of the Sarah Margaret Davison Trust, the William Charles Davison Trust and the James Ellis Davison, III Trust (collectively, the "Trusts"), the reporting person could be deemed to have an indirect pecuniary interest in the Common Units Class A that are beneficially owned by the Trusts. All Common Units Class A owned by the Trusts are reported on these lines. The reporting person disclaims beneficial ownership of these Common Units Class A except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these Common Units Class A for purposes of Section 16 or for any other purpose.
- F2These Common Units Class A are beneficially owned by the James E. and Margaret A.B. Davison Special Trust (the "Special Trust"). The reporting person could be deemed to have an indirect pecuniary interest in such Common Units Class A. All Common Units Class A owned by the Special Trust are reported on this line. The reporting person disclaims beneficial ownership of these Common Units Class A except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these Common Units Class A for purposes of Section 16 or for any other purpose.
- F3The 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.