Sec Form 4 Filing - SEMMELROTH KELLEY @ CEDAR FAIR L P - 2020-02-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SEMMELROTH KELLEY
2. Issuer Name and Ticker or Trading Symbol
CEDAR FAIR L P [ FUN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec VP & CMO
(Last) (First) (Middle)
ONE CEDAR POINT DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
02/24/2020
(Street)
SANDUSKY, OH44870
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Units of Limited Partner Interest 02/24/2020 F 1,504 ( 1 ) D $ 52.76 43,765 D
Units of Limited Partner Interest 02/26/2020 A 4,393 A $ 0 48,158 D
Units of Limited Partner Interest 02/26/2020 F 1,970 ( 2 ) D $ 47.78 46,188 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
call options to purchase limited partnership units $ 36.95 ( 3 ) 02/26/2023 Units of Limited Partner Interest 13,943 13,943 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SEMMELROTH KELLEY
ONE CEDAR POINT DRIVE
SANDUSKY, OH44870
Exec VP & CMO
Signatures
Kelley Semmelroth 02/26/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Units were withheld to satisfy tax liability in connection with vesting of restricted units.
( 2 )Units were withheld to satisfy tax liability in connection with vesting of performance units.
( 3 )Options vest at a rate of 33% per year on each anniversary date, beginning on February 26, 2014.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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