Debora M. Frodl - Jun 13, 2022 Form 4 Insider Report for Renewable Energy Group, Inc. (REGI)

Role: Former Director
Signature: /s/ Eric Bowen, Attorney-in-Fact
Stock symbol: REGI
Transactions as of: Jun 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/14/2022, 12:35 PM
Previous filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REGI	Common Stock	Disposed to Issuer		-1.55K	-8.08%		17.7K	Jun 13, 2022	Direct	F1, F2
transaction	REGI	Common Stock	Disposed to Issuer		-17.7K	-100%		0	Jun 13, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Debora M. Frodl is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	These shares represent the amount of restricted stock units ("RSUs") that vested in accordance with the Agreement and Plan of Merger (the "Merger Agreement"), dated February 27, 2022, between Renewable Energy Group, Inc. (the "Company"), Chevron Corporation ("Parent") and Cyclone Merger Sub ("Merger Sub"), a copy of which is filled as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on February 28, 2022, and by which the Company became a wholly-owned subsidiary of Parent. These RSUs were settled one for one in common stock of the Company.
F2	Outstanding shares of common stock of the Company were converted into the right to receive $61.50 per share in cash, without interest thereon and subject to any required tax withholding, in accordance with the Merger Agreement.

Content

These shares represent the amount of restricted stock units ("RSUs") that vested in accordance with the Agreement and Plan of Merger (the "Merger Agreement"), dated February 27, 2022, between Renewable Energy Group, Inc. (the "Company"), Chevron Corporation ("Parent") and Cyclone Merger Sub ("Merger Sub"), a copy of which is filled as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on February 28, 2022, and by which the Company became a wholly-owned subsidiary of Parent. These RSUs were settled one for one in common stock of the Company.

Outstanding shares of common stock of the Company were converted into the right to receive $61.50 per share in cash, without interest thereon and subject to any required tax withholding, in accordance with the Merger Agreement.

Remarks:

This "Exit" Form 4 is voluntarily filed to report that the Reporting Person is no longer serving in the role as the Company's director, effective as of June 13, 2022, and therefore is no longer subject to Section 16 reporting.