0001209191-21-036786.txt : 20210601
0001209191-21-036786.hdr.sgml : 20210601
20210601153026
ACCESSION NUMBER: 0001209191-21-036786
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210528
FILED AS OF DATE: 20210601
DATE AS OF CHANGE: 20210601
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Herbers Jeffrey A
CENTRAL INDEX KEY: 0001542720
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36260
FILM NUMBER: 21984993
MAIL ADDRESS:
STREET 1: 6120 SOUTH YALE AVENUE
STREET 2: SUITE 805
CITY: TULSA
STATE: OK
ZIP: 74136
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Cypress Environmental Partners, L.P.
CENTRAL INDEX KEY: 0001587246
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5727 S. LEWIS AVENUE, SUITE 500
CITY: TULSA
STATE: OK
ZIP: 74105
BUSINESS PHONE: 918-748-3900
MAIL ADDRESS:
STREET 1: 5727 S. LEWIS AVENUE, SUITE 500
CITY: TULSA
STATE: OK
ZIP: 74105
FORMER COMPANY:
FORMER CONFORMED NAME: Cypress Energy Partners, L.P.
DATE OF NAME CHANGE: 20130919
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-05-28
0
0001587246
Cypress Environmental Partners, L.P.
CELP
0001542720
Herbers Jeffrey A
C/O CYPRESS ENVIRONMENTAL PARTNERS, L.P.
5727 S. LEWIS AVE., SUITE 300
TULSA
OK
74105
0
1
0
0
See Remarks
Unit Appreciation Right
2.14
2021-05-28
4
A
0
115000
0.00
A
2024-05-28
2031-05-28
Common Units (Limited Partner Interests)
115000
115000
D
On May 28, 2021, the Reporting Person was granted 115,000 Unit Appreciation Rights ("UARs") pursuant to the Issuer's 2013 Long-Term Incentive Plan (the "Plan"). The UARs vest in equal installments on March 28, 2024, 2025 and 2026. Each UAR that vests represents the right to receive payment, in accordance with the Plan, in an amount equal to the excess, if any, of the fair market value of one Common Unit over the per Unit exercise price of the UAR upon exercise of the UAR. The Reporting Person is entitled to cash or common units (valued at the fair market value on the date of exercises), or a combination thereof, as determined by the administrator of the Plan.
The Reporting Person is Chief Financial Officer of Cypress Environmental Partners GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.
/s/ Jonathan M. Cinocca, Attorney-in-Fact for Jeffrey A. Herbers
2021-06-01