Stephen P. Mawer - Mar 11, 2025 Form 4 Insider Report for Calumet, Inc. /DE (CLMT)

Role
Director
Signature
/s/ Vincent Donargo, as attorney-in-fact
Stock symbol
CLMT
Transactions as of
Mar 11, 2025
Transactions value $
$0
Form type
4
Date filed
3/13/2025, 08:37 PM
Previous filing
Mar 10, 2025
Next filing
Mar 26, 2025

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 +170K +86.31% $0.00 367K Mar 11, 2025 Direct
transaction CLMT Common Stock, par value $0.01 per share Tax liability $0 -75.9K -20.68% $0.00 291K Mar 11, 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 -170K -100% $0.00 0 Mar 11, 2025 Common Stock, par value $0.01 per share 170K 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 75,873 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.