Carl C. Icahn - Sep 11, 2023 Form 4 Insider Report for CVR ENERGY INC (CVI)

Role
10%+ Owner
Signature
Carl C. Icahn /s/ Carl C. Icahn
Stock symbol
CVI
Transactions as of
Sep 11, 2023
Transactions value $
-$144,320,000
Form type
4
Date filed
9/12/2023, 08:30 AM
Previous filing
Sep 12, 2023
Next filing
Sep 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVI Common Stock, $0.01 par value per share ("Shares") Sale -$144M -4.1M -5.79% $35.20 66.7M Sep 11, 2023 Please see footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed by, and on behalf of, Mr. Carl C. Icahn and IEP Energy Holding LLC ("IEP Energy Holding" and, collectively with Mr. Icahn, the "Reporting Persons"). On September 11, 2023, IEP Energy Holding sold 4,100,000 Shares to a market-maker pursuant to Section 144(f)(1)(ii) of the Securities Act of 1933, as amended, at a price of $35.20 per Share.
F2 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 L.P. ("Icahn Enterprises Holdings"). Icahn Enterprises Holdings is the sole stockholder of American Entertainment Properties Corp. ("AEP"). AEP is the sole member of IEP Energy Holding.
F3 Beckton is 100 percent owned by Mr. Icahn. As such, Mr. Icahn is in a position indirectly to determine the investment and voting decisions made by IEP Energy Holding.
F4 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 Securities Exchange Act of 1934, as amended), the Shares of CVR Energy, Inc. that IEP 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 any pecuniary interest therein, if any.