SEC Form 4 · accession 0001628280-18-002700
Renewable Energy Group, Inc. · REGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Chad Stone
Officer — CFO
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463258
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 28, 2018 | A | 8,155 | $0.00 | A | 101,080 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF2 | — | Feb 28, 2018 | A | 12,076 | A | — | Dec 31, 2023 | Common Stock | 12,076 | 12,076 | D |
Explanation of responses
- F1Represents award of restricted stock units ("RSUs") that will vest in full on 2/28/2021, subject to continued service as an employee of Renewable Energy Group, Inc. (the "Company"). RSUs may be settled only for shares of common stock on an one-for-one basis.
- F2Each performance right represents a contingent right to receive one share of REGI common stock, subject to continued employment and other conditions. Half of the Performance Based RSUs will vest upon REGI's common stock price equal to or exceeding a market price of $16.50 per share during the applicable performance period, based on the volume-weighted average stock price during any 20 consecutive trading days. The other 50% of the Performance Based RSUs will vest upon REGI achieving a 12% return on invested capital during the applicable performance periods, as measured on a simple average basis.