X0306 4 2019-03-09 0 0001587246 Cypress Energy Partners, L.P. CELP 0001360729 McNabb John T II C/O CYPRESS ENERGY PARTNERS, L.P. 5727 S. LEWIS AVENUE, SUITE 300 TULSA OK 74105 1 0 0 1 SEE REMARKS Common Units (Limited Partner Interests) 2019-03-09 4 M 0 1431 A 53468 D Common Units (Limited Partner Interests) 2019-03-10 4 M 0 1794 A 55262 D Phantom Units (Limited Partner Interests) 2019-03-09 4 M 0 1431 D Common Units (Limited Partner Interests) 1431 1431 D Phantom Units (Limited Partner Interests) 2019-03-10 4 M 0 1794 D Common Units (Limited Partner Interests) 1794 0 D Each phantom unit is the economic equivalent of one common unit. Vests in three substantially equal installments commencing on March 9, 2018, 2019 and 2020. The phantom units expire upon settlement. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer. Vests in three substantially equal installments commencing on March 10, 2017, 2018 and 2019. The Reporting Person is a director of Cypress Energy 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/ Richard Carson, Attorney-in-Fact for John T. McNabb II 2019-03-12