CONRAD P. ALBERT - 03 Apr 2024 Form 4 Insider Report for GENESIS ENERGY LP (GEL)

Role
Director
Signature
Conrad P. Albert
Issuer symbol
GEL
Transactions as of
03 Apr 2024
Transactions value $
-$30,270
Form type
4
Filing time
03 Apr 2024, 13:33:19 UTC
Previous filing
02 Apr 2024
Next filing
03 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEL Common Units - Class A Options Exercise +2.73K +18.18% 17.7K 03 Apr 2024 Direct F1, F2
transaction GEL Common Units - Class A Disposed to Issuer -$30.3K -2.73K -15.38% $11.10 15K 03 Apr 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GEL Phantom Units Options Exercise -2.73K -18.9% 11.7K 03 Apr 2024 Common Units - Class A 2.73K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.
F2 Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.