Daniel L. Sheets - Dec 4, 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
Dec 4, 2024
Transactions value $
-$75,377
Form type
4
Date filed
12/5/2024, 04:26 PM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Stock, par value $0.01 per share Options Exercise $0 +8.92K +14.51% $0.00 70.4K Dec 4, 2024 Direct
transaction CLMT Common Stock, par value $0.01 per share Sale -$75.4K -3.57K -5.07% $21.12 66.8K Dec 4, 2024 Direct F1

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 Options Exercise $0 -8.92K -100% $0.00 0 Dec 4, 2024 Common Stock, par value $0.01 per share 8.92K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to receive 40% of all Restricted Stock Units vesting in the year ending December 31, 2024 to be settled in the cash equivalent of a Calumet, Inc. common share.
F2 Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
F3 100% of the Restricted Stock Units vested on November 3, 2024.