SEC Form 4 · accession 0001694426-18-000134
Delek US Holdings, Inc. · DK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony L. Miller
Officer — Executive Vice President
Period of report
May 18, 2018
Accepted (ET)
May 22, 2018 · 7:31 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 18, 2018 | M | 6,500 | $34.75 | A | 18,156 | D | |
| Common StockF2 | May 18, 2018 | M | 4,875 | $30.10 | A | 23,031 | D | |
| Common StockF3 | May 18, 2018 | M | 3,250 | $36.53 | A | 26,281 | D | |
| Common StockF4 | May 18, 2018 | D | 9,373 | $52.43 | D | 16,908 | D | |
| Common StockF5 | May 18, 2018 | F | 1,280 | $52.43 | D | 15,628 | D | |
| Common StockF6 | May 18, 2018 | S | 3,972 | $52.43 | D | 11,656 | 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 RightF7 | $34.75 | May 18, 2018 | M | 6,500 | A | Jun 10, 2017 | Jun 10, 2023 | Common Stock | 6,500 | 0 | D |
| Stock Appreciation RightF8 | $30.10 | May 18, 2018 | M | 4,875 | A | Jun 10, 2017 | Jun 10, 2024 | Common Stock | 4,875 | 1,625 | D |
| Stock Appreciation RightF9 | $36.53 | May 18, 2018 | M | 3,250 | A | Jun 10, 2017 | Jun 10, 2025 | Common Stock | 3,250 | 3,250 | D |
Explanation of responses
- F1Reflects Stock Appreciation Rights granted to the Reporting Person on June 10, 2013, which vested ratably on June 10 of 2014, 2015, 2016 and 2017, and which were exercised by the Reporting Person on May 18, 2018.
- F2Reflects Stock Appreciation Rights granted to the Reporting Person on June 10, 2014, which vested ratably on June 10 of 2015, 2016 and 2017, and which were exercised by the Reporting Person on May 18, 2018.
- F3Reflects Stock Appreciation Rights granted to the Reporting Person on June 10, 2015, which vested ratably on June 10 of 2016 and 2017, and which were exercised by the Reporting Person on May 18, 2018.
- F4Disposition of shares of common stock to the Issuer for payment of the exercise price in connection with the exercise of the stock appreciation rights.
- F5Shares withheld to cover the tax withholding obligations in connection with the exercise of the stock appreciation rights.
- F6The price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $52.38 per share to a high sale price of $52.46 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the Reporting Person agrees to provide the number of shares sold at each sale price.
- F7The stock appreciation right vested ratably on each of June 10, 2014, 2015, 2016 and 2017.
- F8The stock appreciation right vested ratably on each of June 10, 2015, 2016 and 2017.
- F9The stock appreciation right vested ratably on each of June 10, 2016 and 2017.