Bryon Koepke - 15 Nov 2024 Form 4 Insider Report for SUBURBAN PROPANE PARTNERS LP (SPH)

Role
VP,General Counsel & Secretary
Signature
Bryon Koepke
Issuer symbol
SPH
Transactions as of
15 Nov 2024
Net transactions value
-$180,828
Form type
4
Filing time
18 Nov 2024, 16:34:50 UTC
Previous filing
15 Nov 2023
Next filing
18 Nov 2025
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) Tax liability $180,828 -10,176 -12% $17.77 75,219 15 Nov 2024 Direct F1
transaction SPH Common Units (representing limited partnership interests) Options Exercise $176,847 +9,952 +13% $17.77 85,171 15 Nov 2024 Direct
transaction SPH Common Units (representing limited partnership interests) Disposed to Issuer $176,847 -9,952 -12% $17.77 75,219 15 Nov 2024 Direct
transaction SPH Common Units (representing limited partnership interests) Award $0 +16,138 +21% $0.000000 91,357 15 Nov 2024 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 Options Exercise -9,952 -39% 15,827 15 Nov 2024 Common Units 9,952 Direct F2
transaction SPH Phantom Units Award $0 +16,138 +102% $0.000000 31,965 15 Nov 2024 Common Units 16,138 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents filer's payment of tax liability in connection with the vesting of previously granted restricted units by means of Issuer's withholding of Common Units in accordance with the provisions of Issuer's restricted unit plan and SEC Rule 16b-3.
F2 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.