SEC Form 4 · accession 0001340122-17-000069
Calumet Specialty Products Partners, L.P. · CLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Sajkowski
Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:50 pm EST
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 Units | Mar 1, 2017 | M | 188 | $0.00 | A | 5,286 | D | |
| Common Units | Mar 1, 2017 | M | 1,322 | $0.00 | A | 6,608 | D | |
| Common Units | Mar 1, 2017 | M | 7,937 | $0.00 | A | 14,545 | 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,F2 | — | Mar 1, 2017 | M | 188 | D | — | — | Common Units | 188 | 186 | D |
| Phantom UnitsF1,F3 | — | Mar 1, 2017 | M | 1,322 | D | — | — | Common Units | 1,322 | 2,644 | D |
| Phantom UnitsF1,F4 | — | Mar 1, 2017 | M | 7,937 | D | — | — | Common Units | 7,937 | 23,809 | 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 vested immediately and the remaining vest ratably over three years on December 31 of each year beginning on December 31, 2016.
- F425% of the Phantom Units vest on December 31 of each year beginning on December 31, 2016.