SEC Form 4 · accession 0000811532-15-000071
CEDAR FAIR L P · FUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Decker
Officer — Senior VP, Planning & Design
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 4:45 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 | Feb 25, 2015 | A | 1,679 | — | A | 47,725 | D | |
| Units of Limited Partner Interest | Feb 25, 2015 | A | 2,986 | $0.00 | A | 50,711 | D | |
| Units of Limited Partner InterestF2 | Feb 26, 2015 | F | 1,493 | $55.68 | D | 49,218 | D | |
| Units of Limited Partner InterestF3 | Feb 26, 2015 | F | 211 | $55.68 | D | 49,007 | 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 unitsF4 | $36.95 | holding | — | — | — | — | Feb 26, 2023 | Units of Limited Partner Interest | 10,520 | 10,520 | D |
| call options to purchase limited partnership unitsF5 | $29.53 | holding | — | — | — | — | Mar 27, 2022 | Units of Limited Partner Interest | 3,602 | 3,602 | D |
| Phantom UnitsF6,F7 | — | holding | — | — | — | Mar 3, 2014 | Mar 3, 2015 | Units of Limited Partner Interest | 3,657 | 3,657 | D |
Explanation of responses
- F1These units were granted pursuant to the Partnership's 2008 Omnibus Incentive Plan.
- F2Units were withheld to satisfy tax liability in connection with vesting of performance units.
- F3Units were withheld to satisfy tax liability in connection with vesting of restricted units.
- F4Options vest at a rate of 33% per year on each anniversary date, beginning on February 26, 2014.
- F5Options vest at a rate of 33% per year on each anniversary date, beginning on March 27, 2013.
- F6Each phantom unit is the economic equivalent of one limited partner unit in Cedar Fair, L.P.
- F7This award vests in two equal installments on March 3, 2014 and 2015, respectively, assuming the grantee continues to be employed with the Company.