Delek US Holdings, Inc. 4
4 · Delek US Holdings, Inc. · Filed Jul 3, 2017
Insider Transaction Report
Form 4
Cagle Ernest C.
Executive Vice President
Transactions
- Disposition to Issuer
Stock Appreciation Right
2017-07-01−6,500→ 0 totalExercise: $16.21From: 2016-06-10Exp: 2022-06-10→ Common Stock (6,500 underlying) - Disposition to Issuer
Common Stock
2017-07-01−19,410→ 0 total - Disposition to Issuer
Stock Appreciation Right
2017-07-01−32,500→ 0 totalExercise: $10.65From: 2015-12-10Exp: 2021-09-10→ Common Stock (32,500 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of January 2, 2017, as amended, by and among Delek US Holdings, Inc. ("Old Delek"), Alon USA Energy, Inc., and certain other parties thereto (the "Merger Agreement"), each outstanding share of common stock of Old Delek was exchanged on a one-for-one basis for a share of common stock of Delek Holdco, Inc., which was renamed Delek US Holdings, Inc. ("New Delek") in connection with the mergers provided for in the Merger Agreement.
- [F2]Pursuant to the Merger Agreement, each Stock Appreciation Right ("SAR"), whether vested or unvested, was automatically converted into an equivalent New Delek SAR.