Chad Stone - 13 Jun 2022 Form 4 Insider Report for Renewable Energy Group, Inc.

Footnote F1

These shares represent the amount of restricted stock units ("RSUs") that will vest according to the original RSU agreement and then will be cancelled and converted into the right to receive an amount of cash equal to $61.50 per share 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 filed 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.

Footnote 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 (the "Merger Consideration"), in accordance with the Merger Agreement.

Footnote F3

These shares represent the amount of performance-based restricted stock units ("PRSUs") that will vest in accordance with the original PRSU agreement based on the achievement of the performance criteria. On the vesting date, the shares will be cancelled and converted into the right to receive the Merger Consideration in accordance with the Merger Agreement.

Footnote F4

These shares represent the amount of stock appreciation rights ("SARs") that will be cancelled and converted into the right to receive a cash payment equal to the excess of Merger Consideration over the exercise prices of each award per share in accordance with the Merger Agreement.