SEC Form 4 · accession 0001176334-19-000026
MARTIN MIDSTREAM PARTNERS LP · MMLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruben S Martin
Officer — President and CEO · Director · 10% Owner
Period of report
Feb 20, 2019
Accepted (ET)
Feb 21, 2019 · 10:00 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001176334
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Feb 20, 2019 | P | 66 | $12.6004 | A | 332,385 | D | |
| Common UnitsF2 | holding | — | — | — | 6,114,532 | I | By Martin Resource Management Corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These units, which were allocated to Mr. Martin on February 20, 2019, reflect the reinvestment of cash distributions made by the issuer in relation to units that were issued to Mr. Martin pursuant to a benefit plan administered by Martin Resource Management Corporation.
- F2Mr. Martin beneficially owns securities in Martin Resource Management Corporation and serves as its Chairman of the Board of Directors and its President. Martin Resource Management Corporation indirectly owns 4,203,823 common units of the issuer through its wholly-owned subsidiary, Martin Resource LLC, 1,021,265 common units through its wholly-owned subsidiary, Martin Product Sales, LLC, and 889,444 common units through its wholly-owned subsidiary, Cross Oil Refining & Marketing Inc. As a result, Mr. Martin may be deemed the beneficial owner of the common units indirectly owned by Martin Resource Management Corporation.
Remarks
Ruben S. Martin is President, Chief Executive Officer and a member of the Board of Directors of Martin Midstream GP LLC, the general partner of Martin Midstream Partners L.P.