SEC Form 4 · accession 0001209191-15-075332

Alon USA Energy, Inc. · ALJ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Director · Director

Period of report

Oct 11, 2015

Accepted (ET)

Oct 13, 2015 · 5:28 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^F1	Oct 11, 2015	C	116,347	—	A	1,328,959	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Subsidiary Stock Exchange Right^F1	—	Oct 11, 2015	C	116,347	D	—	—	Common Stock, par value $0.01 per share	116,347	698,087	D

F1On June 20, 2012, Alon Assets, Inc., Alon Operating, Inc. (collectively, the "Subsidiaries"), Alon USA Energy, Inc. (the "Company") and the Reporting Person entered into an agreement whereby the Company agreed to exchange shares of non-voting stock of the Subsidiaries held by the Reporting Person (the "Subsidiary Shares") for up to 2,326,946 shares of the Company's common stock, par value $0.01 per share. The Subsidiary Shares held by the Reporting Person will be exchanged in 12 equal quarterly installments commencing June 29, 2012, and each such exchange shall be made without regard to the then-current market price of the Company's common stock. Under certain circumstances,the Reporting Person may elect to receive cash in lieu of Company common stock for up to 1/3 of the shares. The exchange rights have no expiration date.