Delek US Holdings, Inc. - Jan 4, 2022 Form 4 Insider Report for Delek Logistics Partners, LP (DKL)

Signature
/s/ Scott Cornelsen
Stock symbol
DKL
Transactions as of
Jan 4, 2022
Transactions value $
-$901,384
Form type
4
Date filed
1/6/2022, 05:04 PM
Previous filing
Jan 3, 2022
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKL Common Units Sale -$304K -7.01K -0.02% $43.40 34.7M Jan 4, 2022 See footnotes F1, F2, F3
transaction DKL Common Units Sale -$247K -5.8K -0.02% $42.62 34.7M Jan 5, 2022 See footnotes F1, F3, F4
transaction DKL Common Units Sale -$52.4K -1.21K 0% $43.19 34.7M Jan 5, 2022 See footnotes F1, F3, F5
transaction DKL Common Units Sale -$280K -6.6K -0.02% $42.45 34.7M Jan 6, 2022 See footnotes F1, F3, F6
transaction DKL Common Units Sale -$17.7K -411 0% $43.05 34.7M Jan 6, 2022 See footnotes F1, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were executed by Delek Logistics Services Company ("Delek Services") pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average sales price. These units were sold in multiple transactions at prices ranging from $43.03 to $43.87, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of units sold at each respective price within the range set forth in this footnote.
F3 This Form 4 is being filed jointly by Delek US Holdings, Inc. ("Delek US"), Delek US Energy, Inc. ("Delek Energy"), and Delek Services. Delek Energy owns 20,745,868 Common Units of Delek Logistics Partners, LP (the "Issuer") and Delek Services owns 13,908,878 Common Units of the Issuer. Delek US directly owns 100% of the outstanding ownership interests of Delek Energy and Delek Energy owns 100% of the outstanding ownership interests of Delek Services. Delek US may therefore be deemed to beneficially own the securities of the Issuer owned directly by Delek Energy and Delek Services.
F4 The price reported in Column 4 is a weighted average sales price. These units were sold in multiple transactions at prices ranging from $42.05 to $43.03, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of units sold at each respective price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average sales price. These units were sold in multiple transactions at prices ranging from $43.06 to $43.30, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of units sold at each respective price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average sales price. These units were sold in multiple transactions at prices ranging from $41.95 to $42.86, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of units sold at each respective price within the range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average sales price. These units were sold in multiple transactions at prices ranging from $43.00 to $43.16, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of units sold at each respective price within the range set forth in this footnote.