Form 4 for IEP ICAHN ENTERPRISES L.P.
Accepted 2024-09-27 00:00:00 ET · period of report 2024-09-26 · accession 0001062993-24-017024 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-27 | 2024-09-26 | IEP | Papapostolou Ted | CFO, Dir | D - Sale to Iss | $15.13 | -28.5K | 0 | -100% | -$431.4K |
| D | 2024-09-27 | 2024-09-26 | IEP | Papapostolou Ted | CFO, Dir | M - OptEx | — | +28.5K | 28.5K | New | — |
| D | 2024-09-27 | 2024-09-26 | IEP | Papapostolou Ted | CFO, Dir | M - OptEx | $0.00 | -28.5K | 28.5K | -50% | $0 |
| D | 2024-09-27 | 2024-09-26 | IEP | Papapostolou Ted | CFO, Dir | D - Sale to Iss | $0.00 | -2,063 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Depository Units | 2024-09-26 | D | D | 28,516 | $15.13 | 0 | D | — | — | (F4) Depositary Units representing limited partnership interests in the Issuer. (F5) The reported price excludes credited dividend equivalents. |
| 2 | Common | Depository Units | 2024-09-26 | M | A | 28,516 | — | 28,516 | D | — | — | (F4) Depositary Units representing limited partnership interests in the Issuer. (F2) In connection with the Issuer entering into an employment letter agreement ("Employment Letter") dated September 26, 2024, with the Reporting Person, a prorated number of such Deferred Depositary Units (together with any dividend equivalents credited with respect to such vested Deferred Units) vested through and including September 26, 2024 (the "Effective Date") and will be settled in cash in accordance with the Deferred Unit Agreement, less applicable tax and payroll withholdings. (F1) Represents deferred depositary units ("Deferred Depositary Units") previously granted pursuant to the Icahn Enterprises L.P. 2017 Long-Term Incentive Plan. Each Deferred Depositary Unit represents the equivalent of one Depositary Unit representing a limited partner interest in Icahn Enterprises L.P. (the "Issuer"). The Deferred Depositary Units were originally scheduled to vest on December 9, 2024. |
| 3 | Derivative | Deferred Depositary Units | 2024-09-26 | M | D | 28,516 | $0.00 | 28,516 | D | — · — to — | 28,516 Depositary Units | (F2) In connection with the Issuer entering into an employment letter agreement ("Employment Letter") dated September 26, 2024, with the Reporting Person, a prorated number of such Deferred Depositary Units (together with any dividend equivalents credited with respect to such vested Deferred Units) vested through and including September 26, 2024 (the "Effective Date") and will be settled in cash in accordance with the Deferred Unit Agreement, less applicable tax and payroll withholdings. (F1) Represents deferred depositary units ("Deferred Depositary Units") previously granted pursuant to the Icahn Enterprises L.P. 2017 Long-Term Incentive Plan. Each Deferred Depositary Unit represents the equivalent of one Depositary Unit representing a limited partner interest in Icahn Enterprises L.P. (the "Issuer"). The Deferred Depositary Units were originally scheduled to vest on December 9, 2024. |
| 4 | Derivative | Deferred Depositary Units | 2024-09-26 | D | D | 2,063 | $0.00 | 0 | D | — · — to — | 2,063 Depositary Units | (F1) Represents deferred depositary units ("Deferred Depositary Units") previously granted pursuant to the Icahn Enterprises L.P. 2017 Long-Term Incentive Plan. Each Deferred Depositary Unit represents the equivalent of one Depositary Unit representing a limited partner interest in Icahn Enterprises L.P. (the "Issuer"). The Deferred Depositary Units were originally scheduled to vest on December 9, 2024. (F3) In connection with the Employment Letter, the Reporting Person agreed to, among other things, forfeit any unvested Deferred Depositary Units (together with any dividend equivalents credited with respect to such unvested Deferred Units) that did not vest in accordance with the foregoing. |