SEC Form 4 · accession 0000811532-15-000011
CEDAR FAIR L P · FUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Phillip Bender
Officer — Executive VP Operations
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 2:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000811532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Units of Limited Partner InterestF1 | Dec 31, 2014 | F | 1,427 | $47.49 | D | 52,529 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| call options to purchase limited partnership unitsF2 | $36.95 | holding | — | — | — | — | Feb 26, 2023 | Units of Limited Partner Interest | 18,104 | 18,104 | D |
| call options to purchase limited partnership unitsF3 | $29.53 | holding | — | — | — | — | Mar 27, 2022 | Units of Limited Partner Interest | 12,386 | 12,386 | D |
| Phantom UnitsF4,F5 | — | holding | — | — | — | Mar 3, 2014 | Mar 3, 2015 | Units of Limited Partner Interest | 2,444 | 2,444 | D |
Explanation of responses
- F1Units were withheld to satisfy tax liability in connection with vesting of restricted units.
- F2Options vest at a rate of 33% per year on each anniversary date, beginning on February 26, 2014.
- F3Options vest at a rate of 33% per year on each anniversary date, beginning on March 27, 2013.
- F4Each phantom unit is the economic equivalent of one limited partner unit in Cedar Fair, L.P.
- F5This award vests in two equal installments on March 3, 2014 and 2015, respectively, assuming the grantee continues to be employed with the Company.