FGPR Form 4: 8,492 Phantom Units granted to director
Rhea-AI Filing Summary
Ferrellgas Partners, L.P. (FGPR) reported an insider equity award: a director received 8,492 Phantom Units on 10/09/2025.
Each Phantom Unit represents the economic equivalent of one Class A Unit and was granted at $0. The award vests on 10/09/2026 and accrues dividend equivalent rights. Upon vesting, each unit entitles the holder to a cash payment equal to the average closing price of a Class A Unit for the 10 trading days immediately preceding the earlier of (1) termination of service from the Board, (2) a change of control, or (3) the third anniversary of the 10/09/2025 grant date, subject to the award agreement.
Following this transaction, the reporting person beneficially owned 21,221 derivative securities, held as Direct (D) ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Units | 8,492 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each Phantom Unit represents the economic equivalent of one Class A Unit.
- F2. Accrues dividend equivalent rights.
- F3. Vests on October 9, 2026. Each vested Phantom Unit represents the right to receive a cash payment following the first to occur of (1) termination of service from the Board of Directors, (2) a change of control, or (3) the third anniversary of the October 9, 2025 grant date, in an amount equal to the average closing price of a Class A Unit for the 10 trading days immediately preceding the first to occur of the foregoing, subject to the terms and conditions of the Phantom Unit Award Agreement.
- F4. See above note.
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