Ryan Willman - 19 Oct 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
19 Oct 2023
Net transactions value
-$19,000
Form type
4
Filing time
20 Oct 2023, 12:24:44 UTC
Previous filing
17 Mar 2023
Next filing
22 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Unit Options Exercise $0 +7,500 +188% $0.000000 11,500 19 Oct 2023 Direct
transaction CLMT Common Unit Tax liability $0 -3,139 -27% $0.000000 8,361 19 Oct 2023 Direct F1
transaction CLMT Common Unit Sale $19,000 -1,000 -12% $19.00 7,361 19 Oct 2023 Direct 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 CLMT Phantom Units Options Exercise $0 -7,500 -100% $0.000000* 0 19 Oct 2023 Common Unit 7,500 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to surrender 3,139 Common Units to satisfy tax withholding liabilities upon delivery of Common Units in accordance with Rule 16b-3.
F2 The reporting person contributed 100% of the proceeds from the sale reported on this Form 4 to a charitable organization.
F3 Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit.
F4 100% of the Phantom Units vested on September 28, 2023 and were settled for Common Units on October 19, 2023.