Cynthia J. Warner - Mar 24, 2022 Form 4 Insider Report for Renewable Energy Group, Inc. (REGI)

Role
President and CEO, Director
Signature
/s/ Eric Bowen, Attorney-in-Fact
Stock symbol
REGI
Transactions as of
Mar 24, 2022
Transactions value $
-$488,293
Form type
4
Date filed
3/28/2022, 05:20 PM
Previous filing
Mar 16, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REGI Common Stock Award $0 +9.87K +8.86% $0.00 121K Mar 24, 2022 Direct F1
transaction REGI Common Stock Tax liability -$219K -3.61K -2.98% $60.79 118K Mar 24, 2022 Direct F2
transaction REGI Common Stock Tax liability -$81.3K -1.34K -1.14% $60.79 116K Mar 24, 2022 Direct F3
transaction REGI Common Stock Tax liability -$188K -3.09K -2.66% $60.74 113K Mar 25, 2022 Direct F4

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 REGI Performance Rights Award $0 +31.7K $0.00 31.7K Mar 24, 2022 Common Stock 31.7K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock units ("RSUs") that will vest in three equal installments over the three year period from the grant date, subject to continued service as an employee of Renewable Energy Group, Inc. (the "Company"). RSUs may be settled only for shares of common stock on a one-for-one basis.
F2 Settlement of RSUs granted on March 24, 2020 that vest in three equal installments over the three year period from the grant date.
F3 Settlement of RSUs granted on March 24, 2021 that vest in three equal installments over the three year period from the grant date.
F4 Settlement of RSUs granted on March 25, 2019 that vest in three equal installments over the three year period from the grant date.
F5 Each performance right represents a contingent right to receive shares of the Company's common stock, subject to continued employment and other conditions. One tranche of the performance-based RSUs ("PRSUs") will vest upon the Company's absolute total shareholder return equal to or exceeding certain targets during the applicable performance period. The other tranche of the PRSUs will vest upon the Company achieving certain returns on invested capital during the applicable performance period. The number of shares issued upon settlement could be 0%-200% of the number of shares shown in the table depending on actual performance during the applicable performance period, with the number of shares shown in the table based on target performance.