Stephen M. Clifford - Oct 9, 2025 Form 4 Insider Report for FERRELLGAS PARTNERS L P (FGPR)

Role
Director
Signature
/s/ Stephen M. Clifford
Stock symbol
FGPR
Transactions as of
Oct 9, 2025
Transactions value $
$0
Form type
4
Date filed
10/14/2025, 02:16 PM
Previous filing
Jul 3, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Clifford Stephen M Director C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY /s/ Stephen M. Clifford 2025-10-14 0001660120

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 FGPR Phantom Units Award $0 +8.49K +66.71% $0.00 21.2K Oct 9, 2025 Class A Units 8.49K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Unit represents the economic equivalent of one Class A Unit.
F2 Accrues dividend equivalent rights.
F3 Vests on October 9, 2026. Each vested Phantom Unit represents the right to receive a cash payment following the first to occur of (1) termination of service from the Board of Directors, (2) a change of control, or (3) the third anniversary of the October 9, 2025 grant date, in an amount equal to the average closing price of a Class A Unit for the 10 trading days immediately preceding the first to occur of the foregoing, subject to the terms and conditions of the Phantom Unit Award Agreement.
F4 See above note.