4//SEC Filing
Renewable Energy Group, Inc. 4
Accession 0000899243-16-016988
CIK 0001463258operating
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 8:27 PM ET
Size
10.7 KB
Accession
0000899243-16-016988
Insider Transaction Report
Form 4
Oh Daniel J
President and COO
Transactions
- Award
Common Stock
2016-03-28+31,457→ 389,751 total - Award
Stock Appreciation Right
2016-03-28+76,819→ 76,819 totalExercise: $9.06→ Common Stock (76,819 underlying) - Award
Performance Rights
2016-03-28+92,910→ 92,910 totalExp: 2019-03-28→ Common Stock (92,910 underlying)
Footnotes (3)
- [F1]Represents award of restricted stock units ("RSUs") that will vest in full on 3/28/2020, subject to continued service as an employee of Renewable Energy Group, Inc. (the "Company"). RSUs may be settled only for shares of REGI common stock on a one-for-one basis.
- [F2]The Stock Appreciation Rights ("SARs") will vest with respect to 25% of the shares of common stock subject thereto on each of the four anniversaries following 3/28/2016, subject to continued service as an employee of the Company. The SARs shall cease to be exercisable (and if not previously exercised, shall terminate without the payment of any consideration therefore) on the earliest of (i) 3/28/2026, (ii) one year following the termination of employment with the Company by reason of death or disability, (iii) 90 days following any other termination of employment with the Company other than for cause and (iv) immediately prior to the termination of employment with the Company for cause.
- [F3]Each performance right represents a contingent right to receive one share of REGI common stock, subject to continued employment and other conditions. Half of the Performance Based RSUs will vest upon REGI's common stock price equal to or exceeding a market price of $11.74 per share during the applicable performance period, based on the volume-weighted average stock price during any 20 consecutive trading days. The other 50% of the Performance Based RSUs will vest upon REGI's common stock price equal to or exceeding a market price of $13.50 per share during the applicable performance period, based on the volume-weighted average stock price during any 20 consecutive trading days.
Documents
Issuer
Renewable Energy Group, Inc.
CIK 0001463258
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001463258
Filing Metadata
- Form type
- 4
- Filed
- Mar 29, 8:00 PM ET
- Accepted
- Mar 30, 8:27 PM ET
- Size
- 10.7 KB