SEC Form 4 · accession 0001340122-19-000019
Calumet Specialty Products Partners, L.P. · CLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce A Fleming
Officer — EVP - Strategy & Growth
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 6:37 am 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 | Feb 15, 2019 | M | 35,760 | $0.00 | A | 250,319 | D | |
| Common UnitsF1 | Feb 15, 2019 | F | 18,064 | $0.00 | D | 232,255 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF2,F3 | — | Feb 15, 2019 | M | 35,760 | D | — | — | Common Units | 35,760 | 35,759 | D |
Explanation of responses
- F1The reporting person elected to surrender 18,064 common units to satisfy tax withholding liabilities upon delivery of common units in accordance with Rule 16b-3.
- F2Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
- F325% of the Phantom Units vest on December 31 of each year beginning on December 31, 2016.