Ryan Willman - 15 Mar 2023 Form 4 Insider Report for Calumet Specialty Products Partners, L.P.

Role
Chief Accounting Officer
Signature
/s/ Ryan Willman
Issuer symbol
N/A
Transactions as of
15 Mar 2023
Net transactions value
$0
Form type
4
Filing time
17 Mar 2023, 14:57:08 UTC
Previous filing
03 Mar 2023
Next filing
20 Oct 2023
SEC
View on sec.gov

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 CLMT Phantom Unit Award $0 +5,030 $0.000000 5,030 15 Mar 2023 Common Units 5,030 Direct F1, F2
transaction CLMT Phantom Units Award $0 +1,676 $0.000000 1,676 15 Mar 2023 Common Units 1,676 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
F2 Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date. Phantom Units are 100% vested.
F3 Each Phantom Unit becomes payable either in the form of a Common Unit or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Phantom Units vest on July 1 of each year beginning on July 1, 2024.