Douglas Dagan - 15 Nov 2023 Form 4 Insider Report for SUBURBAN PROPANE PARTNERS LP (SPH)

Role
VP-Strat Init-Renew Energy
Signature
Bryon Koepke, by power of attorney
Issuer symbol
SPH
Transactions as of
15 Nov 2023
Transactions value $
$0
Form type
4
Filing time
15 Nov 2023, 16:25:09 UTC
Previous filing
01 Sep 2023
Next filing
18 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPH Common Units (representing limited partnership interests) Award $0 +17,630 +54% $0 50,363 15 Nov 2023 Direct
transaction SPH Common Units (representing limited partnership interests) Disposed to Issuer -$69,682 -4,075 -11% $17.1 32,733 15 Nov 2023 Direct
transaction SPH Common Units (representing limited partnership interests) Options Exercise $69,682 +4,075 +12% $17.1 36,808 15 Nov 2023 Direct

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 SPH Phantom Units Award $0 +17,630 +216% $0 25,779 15 Nov 2023 Common Units 17,630 Direct F1
transaction SPH Phantom Units Options Exercise -4,075 -33% 8,149 15 Nov 2023 Common Units 4,075 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One third of the phantom units vest on each of the first three anniversaries of the grant date, subject to continuous employment or service of the reporting person from the grant date through the applicable payment date. Upon vesting, phantom units are automatically converted into cash equal to the average of the highest and lowest trading prices of the Issuer's Common Units on the vesting date.