Jeffrey D. Conaway - 17 Aug 2022 Form 4 Insider Report for CVR ENERGY INC (CVI)

Role
VP, CAO & Corp. Controller
Signature
/s/ Jeffrey D. Conaway
Issuer symbol
CVI
Transactions as of
17 Aug 2022
Net transactions value
-$185,104
Form type
4
Filing time
16 Dec 2022, 15:24:53 UTC
Previous filing
10 Dec 2021
Next filing
18 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVI Common Stock Options Exercise $0 +465 $0.000000 465 17 Aug 2022 Direct F1, F2
transaction CVI Common Stock Disposed to Issuer $14,899 -465 -100% $32.04 0 17 Aug 2022 Direct F1, F3
transaction CVI Common Stock Options Exercise $0 +2,445 $0.000000 2,445 14 Dec 2022 Direct F2, F4
transaction CVI Common Stock Disposed to Issuer $79,267 -2,445 -100% $32.42 0 14 Dec 2022 Direct F3, F4
transaction CVI Common Stock Options Exercise $0 +2,805 $0.000000 2,805 14 Dec 2022 Direct F2, F5
transaction CVI Common Stock Disposed to Issuer $90,938 -2,805 -100% $32.42 0 14 Dec 2022 Direct F3, F5

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 -465 -50% $0.000000 465 17 Aug 2022 Common Stock 465 Direct F1, F2, F6
transaction CVI Incentive Units Options Exercise $0 -2,445 -50% $0.000000 2,444 14 Dec 2022 Common Stock 2,445 Direct F2, F4, F6
transaction CVI Incentive Units Options Exercise $0 -2,805 -33% $0.000000 5,608 14 Dec 2022 Common Stock 2,805 Direct F2, F5, F6
transaction CVI Incentive Units Award $0 +4,468 $0.000000 4,468 14 Dec 2022 Common Stock 4,468 Direct F2, F6, F7
* 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 19, 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 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.
F5 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 8, 2021. 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.
F6 The Incentive Units expire immediately upon vest.
F7 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 14, 2022. 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.