SEC Form 4 · accession 0000811532-15-000083
CEDAR FAIR L P · FUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew A Ouimet
Officer — President & CEO
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 2:19 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 | Mar 3, 2015 | M | 15,237 | — | A | 173,947 | D | |
| Units of Limited Partner InterestF2 | Mar 3, 2015 | F | 7,619 | $55.33 | D | 166,328 | D | |
| Units of Limited Partner Interest | holding | — | — | — | 2,000 | I | By Spouse as Custodian for Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F6 | — | Mar 3, 2015 | M | 15,237 | D | Mar 3, 2015 | Mar 3, 2015 | Units of Limited Partner Interest | 15,237 | 0 | D |
| call options to purchase limited partnership unitsF3 | $36.95 | holding | — | — | — | — | Feb 26, 2023 | Units of Limited Partner Interest | 122,492 | 122,492 | D |
| call options to purchase limited partnership unitsF4 | $29.53 | holding | — | — | — | — | Mar 27, 2022 | Units of Limited Partner Interest | 86,387 | 86,387 | D |
| Phantom UnitsF1,F5 | — | holding | — | — | — | Jun 20, 2014 | Jun 20, 2015 | Units of Limited Partner Interest | 33,279 | 33,279 | D |
Explanation of responses
- F1Each phantom unit is the economic equivalent of one limited partner unit in Cedar Fair, L.P.
- F2Units were withheld to satisfy tax liability in connection with vesting of phantom units.
- F3Options vest at a rate of 33% per year on each anniversary date, beginning on February 26, 2014.
- F4Options vest at a rate of 33% per year on each anniversary date, beginning on March 27, 2013.
- F5This award vests in two equal installments on June 20, 2014 and 2015, respectively, assuming the grantee continues to be employed with the Company.
- F6This award vested in two equal installments on March 3, 2014 and 2015, respectively.