4//SEC Filing
Alon USA Energy, Inc. 4
Accession 0001209191-16-132277
CIK 0001325955operating
Filed
Jul 10, 8:00 PM ET
Accepted
Jul 11, 4:03 PM ET
Size
7.7 KB
Accession
0001209191-16-132277
Insider Transaction Report
Form 4
Morris Jeff D
DirectorVice Chairman of the Board
Transactions
- Conversion
Subsidiary Stock Exchange Right
2016-07-11−116,347→ 349,046 total→ Common Stock, par value $0.01 per share (116,347 underlying) - Conversion
Common Stock, par value $0.01 per share
2016-07-11+116,347→ 1,603,000 total
Footnotes (1)
- [F1]On June 20, 2012, Alon Assets, Inc., Alon Operating, Inc. (collectively, the "Subsidiaries"), Alon USA Energy, Inc. (the "Company") and the Reporting Person entered into an agreement whereby the Company agreed to exchange shares of non-voting stock of the Subsidiaries held by the Reporting Person (the "Subsidiary Shares") for up to 2,326,946 shares of the Company's common stock, par value $0.01 per share. The Subsidiary Shares held by the Reporting Person will be exchanged in 20 equal quarterly installments commencing June 29, 2012, and each such exchange shall be made without regard to the then-current market price of the Company's common stock. Under certain circumstances,the Reporting Person may elect to receive cash in lieu of Company common stock for up to 1/3 of the shares. The exchange rights have no expiration date.
Documents
Issuer
Alon USA Energy, Inc.
CIK 0001325955
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001325955
Filing Metadata
- Form type
- 4
- Filed
- Jul 10, 8:00 PM ET
- Accepted
- Jul 11, 4:03 PM ET
- Size
- 7.7 KB