Genesis Energy (GEL) director Taylor acquired 3,140 shares
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
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 2, 2024 | Exercise or conversion of a derivative (M) | Common Units - Class A1, 2 | +3,140 | - | - | 36,005 direct |
| Oct 2, 2024 | Sale back to the company (D) | Common Units - Class A1, 2 | -3,140 | $13.10 | $41.1K | 32,865 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 2, 2024 | Exercise or conversion of a derivative (M) | Phantom UnitsOn 3,140 Common Units - Class A2 | -3,140 | - | - | 7,987 direct |
| Oct 1, 2024 | Grant 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. 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. 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. 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. 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
- Oct 2, 2024Director Jastrow Kenneth M Ii converted options into 3,264 units of Common Units - Class A and returned $42,758 worth of Common Units - Class A to the company (3,264 units at $13.10) (SEC Form 4)
- Oct 2, 2024Director Albert Conrad P converted options into 3,140 units of Common Units - Class A and returned $41,134 worth of Common Units - Class A to the company (3,140 units at $13.10) (SEC Form 4)
- Oct 2, 2024Director Gasaway Sharilyn S converted options into 3,264 units of Common Units - Class A and returned $42,758 worth of Common Units - Class A to the company (3,264 units at $13.10) (SEC Form 4)
- Aug 6, 2024Vice President Gaspard Garland G bought $29,992 worth of Common Units - Class A (2,261 units at $13.27), increasing direct ownership by 13% to 19,525 units (SEC Form 4)
- Jul 3, 2024Director Davison James E. Jr. converted options into 3,096 units of Common Units - Class A and returned $41,827 worth of Common Units - Class A to the company (3,096 units at $13.51) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil Refining/Marketing
- Listed since
- 1996
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