DeVelasco Janice T 4
4 · CVR ENERGY INC · Filed Dec 18, 2018
Insider Transaction Report
Form 4
DeVelasco Janice T
VP-Env., Health, Safety & Sec.
Transactions
- Award
Incentive Units
2018-12-14+4,415→ 4,415 total→ Common Stock (4,415 underlying)
Footnotes (2)
- [F1]The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 14, 2018. These Incentive Units vest ratably in three annual installments beginning in December of each year following the grant date, subject to the terms of the award agreement.
- [F2]Each Incentive Unit reported herein represents the right to receive upon vesting, a cash payment equal to the average closing price of the common stock of CVR Energy, Inc. for the 10 trading days preceding the vesting date. The Incentive Units expire immediately following their vesting.