Jackson Tracy Dawn 4
4 · CVR ENERGY INC · Filed Dec 11, 2020
Insider Transaction Report
Form 4
Jackson Tracy Dawn
EVP and CFO
Transactions
- Disposition to Issuer
Common Stock
2020-12-09$15.39/sh−3,987$61,360→ 0 total - Exercise/Conversion
Incentive Units
2020-12-09−3,987→ 7,973 total→ Common Stock (3,987 underlying) - Exercise/Conversion
Common Stock
2020-12-09+3,987→ 3,987 total - Award
Incentive Units
2020-12-09+50,536→ 50,536 total→ Common Stock (50,536 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 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.
- [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 trading days preceding the vest date.
- [F3]This price represents the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days preceding the vest date.
- [F4]The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 9, 2020. 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 vest.