Jackson Tracy Dawn 4
4 · CVR ENERGY INC · Filed Dec 17, 2019
Insider Transaction Report
Form 4
Jackson Tracy Dawn
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2019-12-14+4,600→ 4,600 total - Disposition to Issuer
Common Stock
2019-12-14$42.13/sh−4,600$193,798→ 0 total - Award
Incentive Units
2019-12-13+11,960→ 11,960 total→ Common Stock (11,960 underlying) - Exercise/Conversion
Incentive Units
2019-12-14−4,600→ 9,199 total→ Common Stock (4,600 underlying)
Footnotes (6)
- [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 following vesting.
- [F6]Due to a scrivener's error, the Form 4 filed on 12/18/18 inadvertently reported the amount of Incentive Units granted as 13,779 instead of 13,799.