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Genesis Energy (GEL) director Taylor acquired 3,140 shares

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Insider transactions reported

Jack T Taylor (director at Genesis Energy, L.P., GEL) reported that they acquired 3,140 shares, and returned to the company 3,140 shares at $13.10 between Oct 1, 2024 and Oct 2, 2024. After these transactions the filing shows 32,865 shares held directly.

Reporting person
Taylor Jack T
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Oct 2, 2024Exercise or conversion of a derivative (M)Common Units - Class A1, 2+3,140--36,005 direct
Oct 2, 2024Sale back to the company (D)Common Units - Class A1, 2-3,140$13.10$41.1K32,865 direct

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Oct 2, 2024Exercise or conversion of a derivative (M)Phantom UnitsOn 3,140 Common Units - Class A2-3,140--7,987 direct
Oct 1, 2024Grant or award (A)Phantom UnitsOn 2,917 Common Units - Class A3, 4+2,917--10,904 direct

Holdings before and after

  • Phantom Units: 11,127 to 10,904 direct

Footnotes from the filing

  1. 1. The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.
  2. 2. Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.
  3. 3. The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date.
  4. 4. Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be accrued over the vesting period and paid quarterly.

Transaction codes in this filing

Exercise or conversion of a derivative:
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
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.

FAQ

What did Taylor report in this GEL Form 4?

Jack T Taylor (director at Genesis Energy, L.P., GEL) reported that they acquired 3,140 shares, and returned to the company 3,140 shares at $13.10 between Oct 1, 2024 and Oct 2, 2024. After these transactions the filing shows 32,865 shares held directly.

How many GEL shares does Taylor hold after this filing?

The filing shows 32,865 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code M mean on an SEC Form 4?

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Historical context for GEL

Earlier insider filings at GEL

Quantisnow market dataNYSE
Genesis Energy, L.P. logo
GEL
Genesis Energy, L.P.
Market cap
30-day
Sector
Energy
Industry
Oil Refining/Marketing
Listed since
1996
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