W. Anthony Will - 28 Feb 2022 Form 4 Insider Report for CF Industries Holdings, Inc. (CF)

Signature
/s/ Douglas C. Barnard, by power of attorney
Issuer symbol
CF
Transactions as of
28 Feb 2022
Transactions value $
-$63,622,419
Form type
4
Filing time
02 Mar 2022, 18:56:52 UTC
Previous filing
05 Jan 2022
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CF Common stock, par value $0.01 per share Options Exercise $1.27M +30.5K +9.04% $41.59 368K 28 Feb 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $1.69M +44.4K +12.08% $38.02 412K 28 Feb 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $6.01M +117K +28.5% $51.17 529K 28 Feb 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $9.34M +150K +28.35% $62.25 679K 28 Feb 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $12.3M +341K +50.21% $36.19 1.02M 28 Feb 2022 Direct
transaction CF Common stock, par value $0.01 per share Options Exercise $12.8M +415K +40.68% $30.95 1.44M 28 Feb 2022 Direct
transaction CF Common stock, par value $0.01 per share Sale -$57.7M -720K -50.15% $80.10 716K 28 Feb 2022 Direct F1
transaction CF Common stock, par value $0.01 per share Sale -$30.5M -379K -52.9% $80.60 337K 28 Feb 2022 Direct F2
transaction CF Common stock, par value $0.01 per share Sale -$13.2M -165K -100% $80.15 0 28 Feb 2022 See Footnote F3
transaction CF Common stock, par value $0.01 per share Award $0 +159K +47.06% $0.00 496K 28 Feb 2022 Direct F4
transaction CF Common stock, par value $0.01 per share Tax liability -$5.71M -70.3K -14.18% $81.19 425K 28 Feb 2022 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -30.5K -100% $0.00* 0 28 Feb 2022 Common Stock, par value $0.01 per share 30.5K $41.59 Direct F6
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -44.4K -100% $0.00* 0 28 Feb 2022 Common Stock, par value $0.01 per share 44.4K $38.02 Direct F7
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -117K -100% $0.00* 0 28 Feb 2022 Common Stock, par value $0.01 per share 117K $51.17 Direct F8
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -150K -100% $0.00* 0 28 Feb 2022 Common Stock, par value $0.01 per share 150K $62.25 Direct F9
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -341K -100% $0.00* 0 28 Feb 2022 Common Stock, par value $0.01 per share 341K $36.19 Direct F10
transaction CF Employee Stock Option (right to buy) Options Exercise $0 -415K -100% $0.00* 0 28 Feb 2022 Common Stock, par value $0.01 per share 415K $30.95 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.70 to $80.4975, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.50 to $80.97, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.
F3 The shares are held in a revocable trust for which the reporting person's spouse is the sole trustee and sole beneficiary.
F4 Reflects shares of common stock earned pursuant to a performance restricted stock unit (PRSU) award granted in 2019, as determined by the Compensation and Management Development Committee based on pre-established performance metrics for the three-year performance period ended December 31, 2021.
F5 The reporting person surrendered shares of common stock to the company in order to fulfill tax withholding obligations upon the vesting of performance restricted stock units (PRSUs).
F6 The options vested in three equal installments on August 10, 2013, 2014 and 2015 and expire on August 10, 2022.
F7 The options vested in three equal installments on August 12, 2014, 2015 and 2016 and expire on August 12, 2023.
F8 The options vested in three equal installments on March 3, 2015, 2016 and 2017 and expire on March 3, 2024.
F9 The options vested in three equal installments on March 3, 2016, 2017 and 2018 and expire on March 3, 2025.
F10 The options vested in three equal installments on March 3, 2017, 2018 and 2019 and expire on March 3, 2026.
F11 The options vested in three equal installments on March 3, 2018, 2019 and 2020 and expire on March 3, 2027.