SEC Form 4 · accession 0001694426-18-000044
Delek US Holdings, Inc. · DK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Avigal Soreq
Officer — EVP / CCO
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001694426
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2018 | M | 8,375 | $36.00 | A | 29,443 | D | |
| Common StockF2 | Mar 7, 2018 | D | 6,144 | $26.41 | D | 23,299 | D | |
| Common StockF3 | Mar 7, 2018 | F | 640 | $36.00 | D | 22,659 | D | |
| Common StockF4 | Mar 7, 2018 | S | 1,591 | $36.00 | D | 21,068 | D | |
| Common Stock | Mar 7, 2018 | S | 1,500 | $36.00 | D | 19,568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $26.41 | Mar 7, 2018 | M | 8,375 | D | — | Dec 10, 2022 | Common Stock | 8,375 | 10,000 | D |
Explanation of responses
- F1The stock appreciation right with respect to 24,500 shares granted vested on each of December 10, 2013, 2014, 2015 and 2016 and was exercised by the reporting person on March 7, 2018.
- F2Disposition of shares of common stock to Delek US Holdings, Inc. for payment of the exercise price in connection with the exercise of the stock appreciation right.
- F3Shares withheld to cover the tax withholding obligation in connection with the exercise of the stock appreciation right.
- F4The reported 1,591 shares of common stock sold on March 7, 2018 were acquired upon exercise of a stock appreciation right on the same day.