SEC Form 4 · accession 0001340122-18-000162
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
Nov 7, 2018
Accepted (ET)
Nov 9, 2018 · 6:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001340122
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Nov 7, 2018 | A | 13,546 | A | — | — | Common Units | 13,546 | 13,546 | D |
| Phantom UnitsF1,F3 | — | Nov 7, 2018 | A | 20,833 | A | — | — | Common Unit | 20,833 | 20,833 | D |
Explanation of responses
- F1Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- F2Phantom Units vest on December 31, 2021. Phantom Units will be settled upon vesting.
- 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, 2018. Phantom units will be settled upon vesting