Serff Jared 4
4 · Delek US Holdings, Inc. · Filed Mar 13, 2018
Insider Transaction Report
Form 4
Serff Jared P
Executive Vice President
Transactions
- Sale
Common Stock
2018-03-09$37.37/sh−1,990$74,366→ 12,406 total - Exercise/Conversion
Common Stock
2018-03-09$30.98/sh+16,250$503,425→ 28,656 total - Tax Payment
Common Stock
2018-03-09$37.37/sh−788$29,448→ 14,396 total - Award
Common Stock
2018-03-10+3,757→ 16,163 total - Tax Payment
Common Stock
2018-03-10$37.26/sh−98$3,651→ 16,065 total - Exercise/Conversion
Stock Appreciation Right
2018-03-09$30.98/sh−16,250$503,425→ 16,250 totalExercise: $30.98Exp: 2025-09-10→ Common Stock (16,250 underlying) - Disposition to Issuer
Common Stock
2018-03-09$37.37/sh−13,472$503,449→ 15,184 total - Tax Payment
Common Stock
2018-03-10$37.26/sh−74$2,757→ 15,991 total
Footnotes (4)
- [F1]The stock appreciation right with respect to a total of 32,500 shares was granted September 10, 2015, and vested with respect to 25% of such shares on each of September 10, 2016 and 2017 and was exercised to the extent then vested by the reporting person on March 9, 2018.
- [F2]Disposition of shares of common stock to Delek US Holdings, Inc. for payment of the exercise price in connection with the exercise of the stock appreciation right.
- [F3]Shares withheld to cover the tax withholding obligation in connection with the exercise of the stock appreciation right.
- [F4]The reported 1,990 shares of common stock sold on March 9, 2018 were acquired upon exercise of a stock appreciation right on the same day.