0001022321-15-000057.txt : 20150416 0001022321-15-000057.hdr.sgml : 20150416 20150416161822 ACCESSION NUMBER: 0001022321-15-000057 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150414 FILED AS OF DATE: 20150416 DATE AS OF CHANGE: 20150416 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GENESIS ENERGY LP CENTRAL INDEX KEY: 0001022321 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS [5171] IRS NUMBER: 760513049 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 919 MILAM, SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7138602500 MAIL ADDRESS: STREET 1: 919 MILAM, SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SIMS GRANT E CENTRAL INDEX KEY: 0001006306 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12295 FILM NUMBER: 15775174 MAIL ADDRESS: STREET 1: 919 MILAM SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 4 1 wf-form4_142921549260444.xml FORM 4 X0306 4 2015-04-14 0 0001022321 GENESIS ENERGY LP GEL 0001006306 SIMS GRANT E 919 MILAM SUITE 2100 HOUSTON TX 77002 1 1 0 0 Chief Executive Officer Phantom Units 2015-04-14 4 A 0 38470 A 2018-04-14 2018-04-14 Common Units - Class A 38470.0 72451 D 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. Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be paid quarterly on the number of units corresponding to the number of units in the initial grant. Award will vest as follows: (a) if the quarterly distribution on the common units is less than $0.67 per unit for the fourth quarter of 2017 (which would be paid in the first quarter of 2018), all of the phantom units granted will be forfeited; (b) if the quarterly distribution on the common units for the fourth quarter of 2017 is $0.67 per unit, 50% of the phantom units granted will vest and the remainder will be forfeited; (c) if the distribution on the common units for the fourth quarter of 2017 is $0.72 per unit, 100% of the phantom units granted will vest; and (d) if the distribution on the common units for the fourth quarter of 2017 is $0.78 per unit or greater, 150% of the phantom units granted will vest. Should the quarterly distribution on the common units for the fourth quarter of 2017 be between the range of $0.67 per unit and $0.78 per unit, the phantom units will vest between 50% and 150% of the number granted on a pro rata basis. Grant E. Sims 2015-04-16