CVR ENERGY INC·4

Dec 11, 4:57 PM ET

Landreth David Lynn 4

4 · CVR ENERGY INC · Filed Dec 11, 2020

Insider Transaction Report

Form 4
Period: 2020-12-09
Landreth David Lynn
EVP Chief Commercial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2020-12-09+3,86310,831 total
  • Disposition to Issuer

    Common Stock

    [F1][F3]
    2020-12-09$15.39/sh3,863$59,4526,968 total
  • Award

    Incentive Units

    [F4][F2][F5]
    2020-12-09+48,92648,926 total
    Common Stock (48,926 underlying)
  • Exercise/Conversion

    Incentive Units

    [F1][F2][F5]
    2020-12-093,8637,726 total
    Common Stock (3,863 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.
Signature
/s/ David L. Landreth|2020-12-11

Documents

1 file
  • 4
    wf-form4_160772384890576.xmlPrimary

    FORM 4