Landreth David Lynn 4
4 · CVR ENERGY INC · Filed Dec 17, 2019
Insider Transaction Report
Form 4
Landreth David Lynn
EVP Chief Commercial Officer
Transactions
- Exercise/Conversion
Incentive Units
2019-12-14−4,547→ 9,093 total→ Common Stock (4,547 underlying) - Disposition to Issuer
Common Stock
2019-12-14$42.13/sh−4,547$191,565→ 6,968 total - Exercise/Conversion
Common Stock
2019-12-14+4,547→ 11,515 total - Award
Incentive Units
2019-12-13+11,589→ 11,589 total→ Common Stock (11,589 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 of a share of CVR Energy, Inc. common stock for the 10 business 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.