Renewable Energy Group, Inc. 4
4 · Renewable Energy Group, Inc. · Filed May 15, 2017
Insider Transaction Report
Form 4
Oh Daniel J
President and COO
Transactions
- Award
Common Stock
2017-05-11+24,682→ 414,433 total - Award
Performance Rights
2017-05-11+91,080→ 91,080 totalExp: 2022-05-11→ Common Stock (91,080 underlying)
Footnotes (2)
- [F1]Represents award of restricted stock units ("RSUs") that will vest in full on 5/11/2020, subject to continued service as an employee of Renewable Energy Group, Inc. (the "Company"). RSUs may be settled only for shares of REGI common stock on an one-for-one basis.
- [F2]Each performance right represents a contingent right to receive one share of REGI common stock, subject to continued employment and other conditions. Half of the Performance Based RSUs will vest upon REGI's common stock price equal to or exceeding a market price of $15.00 per share during the applicable performance period, based on the volume-weighted average stock price during any 20 consecutive trading days. The other 50% of the Performance Based RSUs will vest upon REGI achieving a 10% return on invested capital during the applicable performance period, as measured on a simple average basis.