Michael H. Wright Jr. - Aug 17, 2022 Form 4 Insider Report for CVR ENERGY INC (CVI)

Role
EVP & Chief Operating Officer
Signature
/s/ Michael H. Wright, Jr.
Stock symbol
CVI
Transactions as of
Aug 17, 2022
Transactions value $
-$337,563
Form type
4
Date filed
12/16/2022, 03:28 PM
Previous filing
Feb 18, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVI Common Stock Options Exercise $0 +753 $0.00 753 Aug 17, 2022 Direct F1, F2
transaction CVI Common Stock Disposed to Issuer -$24.1K -753 -100% $32.04 0 Aug 17, 2022 Direct F1, F3
transaction CVI Common Stock Options Exercise $0 +1.22K $0.00 1.22K Dec 14, 2022 Direct F2, F4
transaction CVI Common Stock Disposed to Issuer -$39.6K -1.22K -100% $32.42 0 Dec 14, 2022 Direct F3, F4
transaction CVI Common Stock Options Exercise $0 +5.37K $0.00 5.37K Dec 14, 2022 Direct F2, F5
transaction CVI Common Stock Disposed to Issuer -$174K -5.37K -100% $32.42 0 Dec 14, 2022 Direct F3, F5
transaction CVI Common Stock Options Exercise $0 +3.08K $0.00 3.08K Dec 14, 2022 Direct F2, F6
transaction CVI Common Stock Disposed to Issuer -$99.8K -3.08K -100% $32.42 0 Dec 14, 2022 Direct F3, F6

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 -753 -100% $0.00* 0 Aug 17, 2022 Common Stock 753 Direct F1, F2, F7
transaction CVI Incentive Units Options Exercise $0 -1.22K -100% $0.00* 0 Dec 14, 2022 Common Stock 1.22K Direct F2, F4, F7
transaction CVI Incentive Units Options Exercise $0 -5.37K -50% $0.00 5.37K Dec 14, 2022 Common Stock 5.37K Direct F2, F5, F7
transaction CVI Incentive Units Options Exercise $0 -3.08K -33.34% $0.00 6.16K Dec 14, 2022 Common Stock 3.08K Direct F2, F6, F7
transaction CVI Incentive Units Award $0 +15.2K $0.00 15.2K Dec 14, 2022 Common Stock 15.2K Direct F2, F7, F8
* 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. in connection with his hire, on August 21, 2019. These Incentive Units vest ratably in annual installments in August 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 were awarded to the reporting person by CVR Energy, Inc. as compensation for services, on December 13, 2019. 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.
F5 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services, on December 9, 2020. 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 were awarded to the reporting person by CVR Energy, Inc. as compensation for services, 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.
F7 The Incentive Units expire immediately upon vest.
F8 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.