Chad Stone - Mar 24, 2022 Form 4 Insider Report for Renewable Energy Group, Inc. (REGI)

Role: SVP, Commercial Performance
Signature: /s/ Eric Bowen, Attorney-in-Fact
Stock symbol: REGI
Transactions as of: Mar 24, 2022
Transactions value $: -$110,784
Form type: 4
Date filed: 3/28/2022, 05:22 PM
Previous filing: Mar 16, 2022
Next filing: Jun 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REGI	Common Stock	Award	$0	+1.92K	+1.51%	$0.00	129K	Mar 24, 2022	Direct	F1
transaction	REGI	Common Stock	Tax liability	-$50.2K	-826	-0.64%	$60.79	128K	Mar 24, 2022	Direct	F2
transaction	REGI	Common Stock	Tax liability	-$17.1K	-281	-0.22%	$60.79	128K	Mar 24, 2022	Direct	F3
transaction	REGI	Common Stock	Tax liability	-$43.5K	-716	-0.56%	$60.74	127K	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	+2.51K		$0.00	2.51K	Mar 24, 2022	Common Stock	2.51K		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.