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Filing Details

Accession Number:: 0001567619-20-006785
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-03-19 17:56:22
Reporting Period:: 2020-03-18

Accepted Time:: 2020-03-19 17:56:22
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1694426	Delek Us Holdings Inc.	DK	()	NY

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
921669	C Carl Icahn	C/O Icahn Enterprises L.p. 16690 Collins Avenue - Penthouse Suite Sunny Isles Beach FL 33160		No	No	Yes	No
1376139	Cvr Energy Inc	2277 Plaza Drive Suite 500 Sugar Land TX 77479		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $.01 Per Share ("Shares")	Acquisiton	2020-03-18	839,400	$10.42	10,269,880	No	4	P	Indirect	Please see all footnotes
Shares	Acquisiton	2020-03-19	270,000	$11.39	10,539,880	No	4	P	Indirect	Please see all footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Please see all footnotes
No	4	P	Indirect	Please see all footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Shares	Forward Contract (obligation to purchase)	Acquisiton	2020-03-19	1	$0.00	372,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1	2020-03-19	2022-03-18	No	4	J	Indirect

Footnotes

CVR Energy, Inc. ("CVI") directly beneficially owns 10,539,880 Shares.
On March 19, 2020, CVI entered into a forward contract providing for the purchase by CVI of 372,000 Shares at a forward price of $9.00 per Share, plus a financing charge. In addition, as part of the purchase price for the Shares, CVI paid the counterparty to the forward contract $2.38 per Share upon establishing the contract. Subject to the rights of CVI to accelerate the settlement date, the forward contract will settle on March 18, 2022.
The forward contract provides for physical settlement, with CVI retaining the right to elect cash settlement. The forward contract does not give CVI direct or indirect voting, investment or dispositive control over the Shares to which the contract relates.
IEP Energy LLC ("IEP Energy") holds approximately 71% of the outstanding common stock of CVI. Icahn Enterprises Holdings L.P. ("Icahn Enterprises Holdings") is the sole member of Icahn Building LLC ("Building"), which is the sole stockholder of American Entertainment Properties Corp. ("AEP"), which is the sole member of IEP Energy Holding LLC ("Energy Holding"), which is the sole member of IEP Energy. Beckton Corp. ("Beckton") is the sole stockholder of Icahn Enterprises G.P. Inc. ("Icahn Enterprises GP"), which is the general partner of Icahn Enterprises Holdings.
Beckton is 100 percent owned by Carl C. Icahn. In addition, Mr. Icahn is the indirect holder of approximately 92.0% of the outstanding depositary units representing limited partnership interests in Icahn Enterprises L.P. ("Icahn Enterprises"). Icahn Enterprises GP is the general partner of Icahn Enterprises, which is the sole limited partner of Icahn Enterprises Holdings. As such, Mr. Icahn is in a position indirectly to determine the investment and voting decisions made by CVI.
Each of IEP Energy, Energy Holding, AEP, Building, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which CVI directly beneficially owns. Each of IEP Energy, Energy Holding, AEP, Building, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein.