Bley Matthew W. 4
4 · CVR ENERGY INC · Filed Dec 16, 2020
Insider Transaction Report
Form 4
Bley Matthew W.
CAO and Corp. Controller
Transactions
- Disposition to Issuer
Common Stock
2020-12-14$15.55/sh−1,454$22,610→ 0 total - Exercise/Conversion
Common Stock
2020-12-14+1,454→ 1,454 total - Exercise/Conversion
Incentive Units
2020-12-14−1,454→ 1,454 total→ Common Stock (1,454 underlying)
Footnotes (4)
- [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 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 expire immediately upon vest.