Louis Todd Borgmann - Mar 31, 2025 Form 4 Insider Report for Calumet, Inc. /DE (CLMT)

Role
CHIEF EXECUTIVE OFFICER
Signature
/s/ Vincent Donargo, as attorney-in-fact
Stock symbol
CLMT
Transactions as of
Mar 31, 2025
Transactions value $
$0
Form type
4
Date filed
4/2/2025, 03:55 PM
Previous filing
Mar 13, 2025
SEC
View on sec.gov

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 Award $0 +9.27K $0.00 9.27K Mar 31, 2025 Common Stock, par value $0.01 per share 9.27K Direct F1, F2
transaction CLMT Restricted Stock Units Award $0 +3.09K $0.00 3.09K Mar 31, 2025 Common Stock, par value $0.01 per share 3.09K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
F2 Each Restricted Stock Unit will become settled upon the earlier of the date specified by the reporting person or the reporting person's termination date. Restricted Stock Units are 100% vested.
F3 Each Restricted Stock Unit will be settled upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan. 25% of the Restricted Stock Units vest on July 1 of each year beginning on July 1, 2026.