Louis Todd Borgmann - 11 Mar 2025 Form 4 Insider Report for Calumet, Inc. /DE (CLMT)

Role
CHIEF EXECUTIVE OFFICER
Signature
/s/ Vincent Donargo, as attorney-in-fact
Issuer symbol
CLMT
Transactions as of
11 Mar 2025
Net transactions value
$0
Form type
4
Filing time
13 Mar 2025, 20:35:08 UTC
Previous filing
27 Feb 2025
Next filing
02 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLMT Common Stock, par value $0.01 per share Options Exercise $0 +114,120 +67% $0.000000 285,533 11 Mar 2025 Direct
transaction CLMT Common Stock, par value $0.01 per share Tax liability $0 -49,967 -17% $0.000000 235,566 11 Mar 2025 Direct F1

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 CLMT Restricted Stock Unit Options Exercise $0 -114,120 -100% $0.000000 0 11 Mar 2025 Common Stock, par value $0.01 per share 114,120 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to surrender 49,967 shares of Calumet, Inc. common stock, par value $0.01 per share, to satisfy tax withholding liabilities upon delivery of common stock in accordance with Rule 16b-3.
F2 Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
F3 100% of the Restricted Stock Units vested on February 22, 2025.