Bert A. Frost - Feb 28, 2022 Form 4 Insider Report for CF Industries Holdings, Inc. (CF)

Role
Sr.VP,Sales,Mkt Dev & Supp Chn
Signature
/s/ Douglas C. Barnard, by power of attorney
Stock symbol
CF
Transactions as of
Feb 28, 2022
Transactions value $
-$3,796,403
Form type
4
Date filed
3/2/2022, 06:45 PM
Previous filing
Feb 4, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CF Common stock, par value $0.01 per share Gift $0 -4.61K -6.99% $0.00 61.4K Feb 23, 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $3.13M +61.1K +99.43% $51.17 122K Feb 28, 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $2.27M +36.4K +29.75% $62.25 159K Feb 28, 2022 Direct
transaction CF Common stock, par value $0.01 per share Sale -$7.84M -97.5K -61.35% $80.36 61.4K Feb 28, 2022 Direct F1
transaction CF Common stock, par value $0.01 per share Award $0 +37.6K +61.28% $0.00 99.1K Feb 28, 2022 Direct F2
transaction CF Common stock, par value $0.01 per share Tax liability -$1.35M -16.7K -16.83% $81.19 82.4K Feb 28, 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -61.1K -100% $0.00* 0 Feb 28, 2022 Common Stock, par value $0.01 per share 61.1K $51.17 Direct F4
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -36.4K -100% $0.00* 0 Feb 28, 2022 Common Stock, par value $0.01 per share 36.4K $62.25 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.13 to $80.51, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.
F2 Reflects shares of common stock earned pursuant to a performance restricted stock unit (PRSU) award granted in 2019, as determined by the Compensation and Management Development Committee based on pre-established performance metrics for the three-year performance period ended December 31, 2021.
F3 The reporting person surrendered shares of common stock to the company in order to fulfill tax withholding obligations upon the vesting of performance restricted stock units (PRSUs).
F4 The options vested in three equal installments on March 3, 2015, 2016 and 2017 and expire on March 3, 2024.
F5 The options vested in three equal installments on March 3, 2016, 2017 and 2018 and expire on March 3, 2025.