Paul C. Raymond - Nov 7, 2024 Form 4 Insider Report for Calumet, Inc. /DE (CLMT)

Role
Director
Signature
/s/ Vincent Donargo, as attorney-in-fact
Stock symbol
CLMT
Transactions as of
Nov 7, 2024
Transactions value $
$0
Form type
4
Date filed
11/12/2024, 09:46 AM
Previous filing
Aug 8, 2024

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 CLMT Restricted Stock Unit Award $0 +1.14K $0.00 1.14K Nov 7, 2024 Common Stock, par value $0.01 per share 1.14K Direct F1, F2
transaction CLMT Restricted Stock Units Award $0 +380 $0.00 380 Nov 7, 2024 Common Stock, par value $0.01 per share 380 Direct F1, F3
transaction CLMT Restricted Stock Unit Award $0 +4.94K $0.00 4.94K Nov 7, 2024 Common Stock, par value $0.01 per share 4.94K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
F2 Each Restricted Stock Unit becomes payable either in the form of one share of Calumet, Inc. common stock, par value $0.01 per share, or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date. Restricted Stock Units are 100% vested.
F3 Each Restricted Stock Unit becomes payable either in the form of one share of Calumet, Inc. common stock, par value $0.01 per share, or the cash value thereof upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Restricted Stock Units vest on July 1 of each year beginning on July 1, 2025.
F4 Restricted Stock Units vest on November 7, 2027. Restricted Stock Units will be settled upon vesting.