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ICAHN ENTERPRISES L.P. — Director's Dealing 2024
Sep 27, 2024
31037_dirs_2024-09-27_cec04bbf-e3b3-4212-98e4-0a0355dbde4b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ICAHN ENTERPRISES L.P. (IEP)
CIK: 0000813762
Period of Report: 2024-09-26
Reporting Person: Papapostolou Ted (Director, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-26 | Depository Units | M | 28516 | — | Acquired | 28516 | Direct |
| 2024-09-26 | Depository Units | D | 28516 | $15.13 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-26 | Deferred Depositary Units | $ | M | 28516 | Disposed | Depositary Units (28516) | Direct | |
| 2024-09-26 | Deferred Depositary Units | $ | D | 2063 | Disposed | Depositary Units (2063) | Direct |
Footnotes
F1: Represents deferred depositary units ("Deferred Depositary Units") previously granted pursuant to the Icahn Enterprises L.P. 2017 Long-Term Incentive Plan. Each Deferred Depositary Unit represents the equivalent of one Depositary Unit representing a limited partner interest in Icahn Enterprises L.P. (the "Issuer"). The Deferred Depositary Units were originally scheduled to vest on December 9, 2024.
F2: In connection with the Issuer entering into an employment letter agreement ("Employment Letter") dated September 26, 2024, with the Reporting Person, a prorated number of such Deferred Depositary Units (together with any dividend equivalents credited with respect to such vested Deferred Units) vested through and including September 26, 2024 (the "Effective Date") and will be settled in cash in accordance with the Deferred Unit Agreement, less applicable tax and payroll withholdings.
F3: In connection with the Employment Letter, the Reporting Person agreed to, among other things, forfeit any unvested Deferred Depositary Units (together with any dividend equivalents credited with respect to such unvested Deferred Units) that did not vest in accordance with the foregoing.
F4: Depositary Units representing limited partnership interests in the Issuer.
F5: The reported price excludes credited dividend equivalents.