Dane J. Neumann - Aug 9, 2021 Form 3 Insider Report for CVR ENERGY INC (CVI)

Role
Interim CFO, VP-Fin.&Treasurer
Signature
/s/ Dane J. Neumann
Stock symbol
CVI
Transactions as of
Aug 9, 2021
Transactions value $
$0
Form type
3
Date filed
8/19/2021, 04:18 PM
Next filing
Dec 10, 2021

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
holding CVI Incentive Units Aug 9, 2021 Common Stock 855 $0.00 Direct F1, F2, F3
holding CVI Incentive Units Aug 9, 2021 Common Stock 1.91K $0.00 Direct F2, F3, F4
holding CVI Incentive Units Aug 9, 2021 Common Stock 13.5K $0.00 Direct F2, F3, F5
* 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. 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 The Incentive Units expire immediately upon vest.
F3 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.
F4 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. on December 13, 2019. 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.
F5 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. on December 9, 2020. 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.