SEC Form 4 · accession 0001694426-18-000127
Delek US Holdings, Inc. · DK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernest C. Cagle
Officer — Executive Vice President
Period of report
May 16, 2018
Accepted (ET)
May 17, 2018 · 5:00 pm EDT
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 | May 16, 2018 | M | 16,250 | $10.65 | A | 34,554 | D | |
| Common StockF2 | May 16, 2018 | D | 3,451 | $50.15 | D | 31,103 | D | |
| Common StockF3 | May 16, 2018 | F | 3,117 | $50.15 | D | 27,986 | D | |
| Common StockF1 | May 16, 2018 | S | 9,682 | $50.1236 | D | 18,304 | 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 RightF4 | $10.65 | May 16, 2018 | M | 16,250 | D | Dec 10, 2015 | Sep 10, 2021 | Common Stock | 16,250 | 16,250 | D |
Explanation of responses
- F1Reflects stock appreciation rights granted to the Reporting Person on December 10, 2011, which vested ratably on December 10 of 2012, 2013, 2014 and 2015, and which were exercised by the Reporting Person on May 16, 2018.
- F2Disposition of shares of common stock to the Issuer for payment of the exercise price in connection with the exercise of the stock appreciation rights.
- F3Shares withheld to cover the tax withholding obligations in connection with the exercise of the stock appreciation rights.
- F4The stock appreciation right vested ratably on each of December 10, 2012, 2013, 2014 and 2015.