Melissa M. Buhrig - Dec 14, 2021 Form 4 Insider Report for CVR ENERGY INC (CVI)

Role
EVP, General Counsel & Sec.
Signature
/s/ Melissa M. Buhrig
Stock symbol
CVI
Transactions as of
Dec 14, 2021
Transactions value $
-$84,962
Form type
4
Date filed
12/15/2021, 03:27 PM
Previous filing
Dec 10, 2021
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVI Common Stock Options Exercise $0 +5.29K $0.00 5.29K Dec 14, 2021 Direct F1, F2
transaction CVI Common Stock Disposed to Issuer -$85K -5.29K -100% $16.07 0 Dec 14, 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 $0 -5.29K -100% $0.00* 0 Dec 14, 2021 Common Stock 5.29K 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. as compensation for services as an officer on December 14, 2018. These Incentive Units vest ratably in annual installments in December of each of the three years 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.