CYNTHIA J. WARNER - 13 Jun 2022 Form 4 Insider Report for Renewable Energy Group, Inc. (REGI)

Role
Former President and CEO
Signature
/s/ Eric Bowen, Attorney-in-Fact
Issuer symbol
REGI
Transactions as of
13 Jun 2022
Net transactions value
$0
Form type
4
Filing time
14 Jun 2022, 12:35:57 UTC
Previous filing
16 May 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REGI Common Stock Disposed to Issuer -23,721 -21% 89,500 13 Jun 2022 Direct F1, F2
transaction REGI Common Stock Disposed to Issuer -89,500 -100% 0 13 Jun 2022 Direct F2

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 REGI Performance Rights Disposed to Issuer -123,219 -100% 0 13 Jun 2022 Common Stock 123,219 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

CYNTHIA J. WARNER is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These shares represent the amount of restricted stock units ("RSUs") that vested in accordance with the Agreement and Plan of Merger (the "Merger Agreement"), dated February 27, 2022, between Renewable Energy Group, Inc. (the "Company"), Chevron Corporation ("Parent") and Cyclone Merger Sub ("Merger Sub"), a copy of which is filled as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on February 28, 2022, and by which the Company became a wholly-owned subsidiary of Parent. These RSUs were settled one for one in common stock of the Company.
F2 Outstanding shares of common stock of the Company were converted into the right to receive $61.50 per share in cash, without interest thereon and subject to any required tax withholding (the "Merger Consideration"), in accordance with the Merger Agreement.
F3 These shares represent the amount of performance-based restricted stock units ("PRSUs") that vested in accordance with the Merger Agreement. On the vesting date, the shares will be cancelled and converted into the right to receive the Merger Consideration in accordance with the Merger Agreement.

Remarks:

This "Exit" Form 4 is voluntarily filed to report that the Reporting Person is no longer serving in the role as the Company's President and CEO, effective as of June 13, 2022, and therefore is no longer subject to Section 16 reporting.