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