SEC Form 4 · accession 0001181431-15-005101
Calumet Specialty Products Partners, L.P. · CLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Carter
Director
Period of report
Mar 23, 2015
Accepted (ET)
Mar 24, 2015 · 6:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001340122
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Mar 23, 2015 | M | 2,187 | — | A | 50,169 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F3 | — | Mar 23, 2015 | M | 537 | D | — | — | Common Units | 537 | 0 | D |
| Phantom UnitsF1,F4 | — | Mar 23, 2015 | M | 550 | D | — | — | Common Units | 550 | 550 | D |
| Phantom UnitsF1,F5 | — | Mar 23, 2015 | M | 550 | D | — | — | Common Units | 550 | 1,100 | D |
| Phantom UnitsF1,F2 | — | Mar 23, 2015 | M | 550 | D | — | — | Common Units | 550 | 1,650 | D |
Explanation of responses
- F1Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- F225% of the Phantom Units vest on December 31 of each year beginning on December 31, 2014.
- F325% of the Phantom Units vest on December 31 of each year beginning on December 31, 2011.
- F425% of the Phantom Units vest on December 31 of each year beginning on December 31, 2012.
- F525% of the Phantom Units vest on December 31 of each year beginning on December 31, 2013.