Papapostolou Ted 4
4 · ICAHN ENTERPRISES L.P. · Filed Sep 27, 2024
Insider Transaction Report
Form 4
Papapostolou Ted
Chief Accounting Officer
Transactions
- Exercise/Conversion
Depository Units
2024-09-26+28,516→ 28,516 total - Disposition to Issuer
Deferred Depositary Units
2024-09-26−2,063→ 0 total→ Depositary Units (2,063 underlying) - Exercise/Conversion
Deferred Depositary Units
2024-09-26−28,516→ 28,516 total→ Depositary Units (28,516 underlying) - Disposition to Issuer
Depository Units
2024-09-26$15.13/sh−28,516$431,447→ 0 total
Footnotes (5)
- [F1]Represents deferred depositary units ("Deferred Depositary Units") previously granted pursuant to the Icahn Enterprises L.P. 2017 Long-Term Incentive Plan. Each Deferred Depositary Unit represents the equivalent of one Depositary Unit representing a limited partner interest in Icahn Enterprises L.P. (the "Issuer"). The Deferred Depositary Units were originally scheduled to vest on December 9, 2024.
- [F2]In connection with the Issuer entering into an employment letter agreement ("Employment Letter") dated September 26, 2024, with the Reporting Person, a prorated number of such Deferred Depositary Units (together with any dividend equivalents credited with respect to such vested Deferred Units) vested through and including September 26, 2024 (the "Effective Date") and will be settled in cash in accordance with the Deferred Unit Agreement, less applicable tax and payroll withholdings.
- [F3]In connection with the Employment Letter, the Reporting Person agreed to, among other things, forfeit any unvested Deferred Depositary Units (together with any dividend equivalents credited with respect to such unvested Deferred Units) that did not vest in accordance with the foregoing.
- [F4]Depositary Units representing limited partnership interests in the Issuer.
- [F5]The reported price excludes credited dividend equivalents.