0001340122-20-000052.txt : 20200317 0001340122-20-000052.hdr.sgml : 20200317 20200317171726 ACCESSION NUMBER: 0001340122-20-000052 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200313 FILED AS OF DATE: 20200317 DATE AS OF CHANGE: 20200317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jennings H. Keith CENTRAL INDEX KEY: 0001466868 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51734 FILM NUMBER: 20722021 MAIL ADDRESS: STREET 1: 1333 WEST LOOP SOUTH, SUITE 1700 CITY: HOUSTON STATE: TX ZIP: 77027 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Calumet Specialty Products Partners, L.P. CENTRAL INDEX KEY: 0001340122 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 351811116 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2780 WATERFRONT STREET 2: PARKWAY E. DRIVE, SUITE 200 CITY: INDIANAPOLIS STATE: IN ZIP: 46214 BUSINESS PHONE: 317-328-5660 MAIL ADDRESS: STREET 1: 2780 WATERFRONT STREET 2: PARKWAY E. DRIVE, SUITE 200 CITY: INDIANAPOLIS STATE: IN ZIP: 46214 FORMER COMPANY: FORMER CONFORMED NAME: Calumet Lubricants Partners, L.P. DATE OF NAME CHANGE: 20050928 4 1 wf-form4_158447982720781.xml FORM 4 X0306 4 2020-03-13 0 0001340122 Calumet Specialty Products Partners, L.P. CLMT 0001466868 Jennings H. Keith 2780 WATERFRONT PKWY E. DR. INDIANAPOLIS IN 46214 0 1 0 0 Chief Financial Officer Common Units 2020-03-13 4 P 0 5500 1.86 A 101302 D Common Units 2020-03-13 4 P 0 2000 2 A 103302 D Common Units 2020-03-16 4 P 0 2000 1.7974 A 105302 D Phantom Units 2020-03-13 4 A 0 30776 0 A Common Units 30776.0 30776 D The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2019. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.76 to $1.80, inclusive. The reporting person undertakes to provide to Calumet Specialty Products Partners, L.P., any security holder of Calumet Specialty Products Partners, L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4. Each Phantom Unit is the economic equivalent of a Calumet Specialty Products Partners, L.P. Common Unit. Phantom Units represent 50% of H. Keith Jennings's annual cash incentive award in lieu of cash. The Phantom Units are 100% vested. The Phantom Units will be settled in Common Units within 30 days of the first to occur of (i) a Change of Control that also constitutes a "change in control" within the meaning of Section 409A and any Internal Revenue Service guidance promulgated with respect to Section 409A and (ii) the third anniversary of the grant date. /s/ H. Keith Jennings 2020-03-17