SEC Form 4 · accession 0001628280-19-001424
Renewable Energy Group, Inc. · REGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randolph L. Howard
Director
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 5:07 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 12, 2019 | M | 25,000 | — | A | 107,885 | D | |
| Common Stock | Feb 12, 2019 | F | 8,622 | $26.01 | D | 99,263 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1 | — | Feb 12, 2019 | M | 25,000 | D | — | Aug 15, 2022 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1On August 15, 2017, the reporting person was granted 50,000 performance restricted stock units. Each performance restricted stock unit represents the right to receive, at settlement, one share of REGI common stock. This transaction represents the settlement of performance restricted stock units in shares of REGI common stock based on the attainment of the applicable adjusted EBITDA target for 2018 as described in the Reporting Person's employment agreement.