SEC Form 4 · accession 0001351541-17-000016
Delek US Holdings, Inc. · DK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ezra Uzi Yemin
Officer — Chairman / President / CEO · Director
Period of report
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 5:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001351541
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jan 25, 2017 | A | 19,935 | $0.00 | A | 494,690 | D | |
| Common StockF4 | Jan 25, 2017 | F | 5,432 | $24.18 | D | 489,258 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of restricted stock units (RSUs) includes 19,935 performance-based RSUs.
- F2The number of performance-based RSUs that vested was based on the achievement of certain performance requirements over a 33 month performance period and the certification of the achievement of those results by the Compensation Committee under the Delek US Holdings, Inc. 2016 Long Term Incentive Plan.
- F3Each performance-based RSU represents the right to receive, at settlement, one share of common stock of Delek US Holdings, Inc. (the "Company"). This transaction represents the settlement of performance-based RSUs in shares of common stock of the Company on their scheduled vesting date.
- F45,432 shares were withheld by the Company to satisfy tax withholding requirements on vesting of the performance-based RSUs.