SEC Form 4 · accession 0001209191-15-043803
Alon USA Energy, Inc. · ALJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Delek US Holdings, Inc.
10% Owner
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001325955
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | May 14, 2015 | P | 33,691,292 | $17.09 | A | 33,691,292 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The consideration paid for the acquisition consisted of $200.0 million cash, a $145.0 million promissory note and six million shares of Delek US Holdings, Inc. common stock. The promissory note will bear interest at a rate of 5.5 percent per annum and require five annual principal amortization payments of $25.0 million beginning in January 2016 followed by a final principal amortization payment of $20.0 million at maturity in January 2021. The shares of Delek US Holdings, Inc. common stock are valued based on the NYSE closing price for such shares on the acquisition date.