Bley Matthew W. 4
4 · CVR ENERGY INC · Filed Dec 17, 2019
Insider Transaction Report
Form 4
Bley Matthew W.
CAO and Corp. Controller
Transactions
- Exercise/Conversion
Common Stock
2019-12-14+1,454→ 1,454 total - Disposition to Issuer
Common Stock
2019-12-14$42.13/sh−1,454$61,257→ 0 total - Exercise/Conversion
Incentive Units
2019-12-14−1,454→ 2,908 total→ Common Stock (1,454 underlying) - Award
Incentive Units
2019-12-13+3,688→ 3,688 total→ Common Stock (3,688 underlying)
Footnotes (5)
- [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 and conditions 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 a share of CVR Energy, Inc. common stock for the 10 trading days preceding the vesting date.
- [F3]This price represents the average closing price of a share of CVR Energy, Inc. common stock for the 10 business days preceding the vesting date.
- [F4]The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 13, 2019. These Incentive Units vest ratably in three annual installments beginning in December of each year following the grant date, subject to the terms and conditions of the award agreement.
- [F5]The Incentive Units expire immediately upon vesting.