NuStar Logistics (NSS) executive del Alamo returned to the company 116,031 shares

Insider transactions reported

Jorge A. del Alamo (SVP, CIO & Controller at NuStar Logistics, L.P., NSS) reported that they returned to the company 116,031 shares on May 3, 2024. After these transactions the filing shows 0 shares held directly.

Reporting person

del Alamo Jorge A.

Role

SVP, CIO & Controller

Holdings before and after

• Common Units: 116,031 to 0 direct

Footnotes from the filing

1. 1. Represents units (including in respect of units underlying the NuStar Restricted Unit Awards (as defined in the Agreement and Plan of Merger (the Merger Agreement ) by and among NuStar Energy L.P., Sunoco LP, Saturn Merger Sub, LLC, Riverwalk Logistics, L.P., NuStar GP, LLC and Sunoco GP LLC, dated as of January 22, 2024)) disposed in connection with the Merger Agreement.
2. 2. In accordance with the Merger Agreement, upon the Effective Time (as defined in the Merger Agreement), (a) each NuStar common unit that was outstanding immediately prior to the Effective Time converted into the right to receive 0.400 units (the Exchange Ratio) of Sunoco LP common units and, if applicable, cash in lieu of fractional units and (b) each NuStar Restricted Unit Award that was outstanding immediately prior to the Effective Time became fully vested and was cancelled and converted into the right to receive (i) a number of Sunoco LP common units equal to the product of (A) the number of NuStar common units subject to such NuStar Restricted Unit Award immediately prior to the Effective Time, multiplied by (B) 0.400 and (ii) a cash payment equal to the product of (A) the number of NuStar common units subject to such NuStar Restricted Unit Award immediately prior to the Effective Time multiplied by (B) $0.212 (the per-unit amount of the Special Distribution).

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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