Michael H. Wright Jr. - Jan 26, 2022 Form 3 Insider Report for CVR ENERGY INC (CVI)

Role
EVP & Chief Operating Officer
Signature
/s/ Michael H. Wright, Jr.
Stock symbol
CVI
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
3
Date filed
2/4/2022, 03:28 PM
Next filing
Feb 18, 2022

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
holding CVI Incentive Units Jan 26, 2022 Common Stock 753 $0.00 Direct F1, F2, F3
holding CVI Incentive Units Jan 26, 2022 Common Stock 1.22K $0.00 Direct F2, F3, F4
holding CVI Incentive Units Jan 26, 2022 Common Stock 10.7K $0.00 Direct F2, F3, F5
holding CVI Incentive Units Jan 26, 2022 Common Stock 9.24K $0.00 Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. in connection with his hire, on August 21, 2019. These Incentive Units vest ratably in annual installments in August of each of the three years following the grant date, subject to the terms and conditions of the award agreement.
F2 The Incentive Units expire immediately upon vest.
F3 Each Incentive Unit reported herein represents the right to receive upon vesting, a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days preceding the vest date.
F4 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services, on December 13, 2019. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.
F5 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services, on December 9, 2020. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.
F6 The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services, on December 8, 2021. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.