Jeffrey D. Conaway - Aug 18, 2021 Form 4 Insider Report for CVR ENERGY INC (CVI)

Role
VP, CAO & Corp. Controller
Signature
/s/ Jeffrey D. Conaway
Stock symbol
CVI
Transactions as of
Aug 18, 2021
Transactions value $
-$5,961
Form type
4
Date filed
8/19/2021, 04:40 PM
Previous filing
Aug 19, 2021
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVI Common Stock Options Exercise $0 +465 $0.00 465 Aug 18, 2021 Direct F1, F2
transaction CVI Common Stock Disposed to Issuer -$5.96K -465 -100% $12.82 0 Aug 18, 2021 Direct F1, 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 CVI Incentive Units Options Exercise -465 -33.33% 930 Aug 18, 2021 Common Stock 465 $0.00 Direct F1, F2, F4
* 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 August 13, 2020. These Incentive Units vest ratably in three annual installments in August 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 This price represents 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 expire immediately upon vest.