Charles Douglas Johnson - 19 May 2021 Form 4 Insider Report for CVR ENERGY INC (CVI)

Role
EVP & Chief Commercial Officer
Signature
/s/ Charles Douglas Johnson
Issuer symbol
CVI
Transactions as of
19 May 2021
Net transactions value
$0
Form type
4
Filing time
21 May 2021, 16:07:37 UTC
Next filing
10 Dec 2021
SEC
View on sec.gov

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 CVI Incentive Units Award $0 +11,097 $0.000000 11,097 19 May 2021 Common Stock 11,097 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on May 19, 2021. These Incentive Units vest ratably in three annual installments in May 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 The Incentive Units expire immediately upon vest.