Carl C. Icahn - Nov 5, 2021 Form 4 Insider Report for Delek US Holdings, Inc. (DK)

Role
10%+ Owner
Signature
/s/ Carl C. Icahn
Stock symbol
DK
Transactions as of
Nov 5, 2021
Transactions value $
-$8,216,808
Form type
4
Date filed
11/9/2021, 04:17 PM
Previous filing
Nov 1, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DK Common Stock, par value $.01 per share ("Shares") Sale -$6.93M -371K -4.97% $18.68 7.09M Nov 5, 2021 Please see all footnotes F1, F2, F3, F4, F5
transaction DK Shares Sale -$774K -41.8K -0.59% $18.51 7.05M Nov 8, 2021 Please see all footnotes F1, F2, F3, F4, F5
transaction DK Shares Sale -$509K -27.5K -0.39% $18.50 7.02M Nov 9, 2021 Please see all footnotes F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Carl C. Icahn is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 CVR Energy, Inc. ("CVI") directly beneficially owns 372,000 Shares (representing Shares underlying a forward contract) and IEP Energy Holding LLC ("Energy Holding") directly beneficially owns 7,024,134 Shares.
F2 Energy Holding holds approximately 71% of the outstanding common stock of CVI. Icahn Enterprises Holdings L.P. ("Icahn Enterprises Holdings") is the sole stockholder of American Entertainment Properties Corp. ("AEP"), which is the sole member of Energy Holding. Beckton Corp. ("Beckton") is the sole stockholder of Icahn Enterprises G.P. Inc. ("Icahn Enterprises GP"), which is the general partner of Icahn Enterprises Holdings.
F3 Beckton is 100 percent owned by Carl C. Icahn. In addition, Mr. Icahn is the indirect holder of approximately 90.0% of the outstanding depositary units representing limited partnership interests in Icahn Enterprises L.P. ("Icahn Enterprises"). Icahn Enterprises GP is the general partner of Icahn Enterprises, which is the sole limited partner of Icahn Enterprises Holdings. As such, Mr. Icahn is in a position indirectly to determine the investment and voting decisions made by each of CVI and Energy Holding.
F4 Each of Energy Holding AEP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which CVI directly beneficially owns. Each of Energy Holding, AEP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein.
F5 Each of AEP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Energy Holding directly beneficially owns. Each of AEP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein.