AI assistant
Delek US Holdings, Inc. — Director's Dealing 2018
May 30, 2018
31704_dirs_2018-05-29_d781052a-e1bf-4952-9967-fa31912c7e0d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Delek US Holdings, Inc. (DK)
CIK: 0001694426
Period of Report: 2018-05-24
Reporting Person: Soreq Avigal (EVP / CCO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-24 | Common Stock | M | 6500 | $34.75 | Acquired | 29204 | Direct |
| 2018-05-24 | Common Stock | M | 400 | $16.21 | Acquired | 29604 | Direct |
| 2018-05-24 | Common Stock | D | 4238 | $53.31 | Disposed | 25366 | Direct |
| 2018-05-24 | Common Stock | D | 122 | $53.36 | Disposed | 25244 | Direct |
| 2018-05-24 | Common Stock | F | 552 | $53.31 | Disposed | 24692 | Direct |
| 2018-05-24 | Common Stock | F | 68 | $53.36 | Disposed | 24624 | Direct |
| 2018-05-24 | Common Stock | S | 1920 | $53.36 | Disposed | 22704 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-24 | Stock Appreciation Right | $34.75 | M | 6500 | Disposed | 2023-06-10 | Common Stock (6500.0) | Direct |
| 2018-05-24 | Stock Appreciation Right | $16.21 | M | 400 | Disposed | 2022-06-10 | Common Stock (400.0) | Direct |
Footnotes
F1: Reflects stock appreciation rights granted to the Reporting Person on June 10, 2013, which vested with respect to 1,625 shares on June 10 of each of 2014, 2015, 2016 and 2017, and which were exercised by the Reporting Person on May 24, 2018.
F2: Reflects stock appreciation rights granted to the Reporting Person on June 10, 2012, the final 400 of which vested on June 10, 2016 and were exercised by the Reporting Person on May 24, 2018.
F3: Disposition of shares of common stock to the Issuer for payment of the exercise price in connection with the exercise of the stock appreciation rights.
F4: Shares withheld to cover the tax withholding obligation in connection with the exercise of the stock appreciation rights.
F5: The price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $53.34 per share to a high sale price of $53.36 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the Reporting Person agrees to provide the number of shares sold at each sale price.