John Bullock - Aug 30, 2023 Form 4 Insider Report for DARLING INGREDIENTS INC. (DAR)

Role
EVP Chief Strategy Officer
Signature
/s/ John Bullock
Stock symbol
DAR
Transactions as of
Aug 30, 2023
Transactions value $
-$2,643,617
Form type
4
Date filed
9/1/2023, 06:21 PM
Previous filing
Aug 16, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAR Common Stock Options Exercise $733K +34.9K +66.55% $21.00 87.4K Aug 30, 2023 Direct
transaction DAR Common Stock Tax liability -$1.31M -20.8K -23.78% $63.13 66.6K Aug 30, 2023 Direct
transaction DAR Common Stock Sale -$892K -14.1K -21.22% $63.13 52.5K Aug 30, 2023 Direct F1
transaction DAR Common Stock Options Exercise $1.03M +35.8K +68.18% $28.89 88.2K Sep 1, 2023 Direct
transaction DAR Common Stock Tax liability -$1.49M -24.2K -27.47% $61.67 64K Sep 1, 2023 Direct
transaction DAR Common Stock Sale -$711K -11.5K -18.02% $61.67 52.5K Sep 1, 2023 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 DAR Options (right to buy) Options Exercise $0 -34.9K -100% $0.00* 0 Aug 30, 2023 Common Stock 34.9K $21.00 Direct F3
transaction DAR Options (right to buy) Options Exercise $0 -35.8K -100% $0.00* 0 Sep 1, 2023 Common Stock 35.8K $28.89 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $62.83 to $63.36; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F2 This transaction was executed in multiple trades at prices ranging from $61.50 to $61.92; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F3 Options granted pursuant to 2017 Omnibus Incentive Plan to purchase 11,638 shares became exercisable on 01/25/2020 and 11,639 shares became exercisable on 01/25/2021 and 01/25/2022.
F4 Options granted pursuant to 2017 Omnibus Incentive Plan to purchase 11,924 shares became exercisable on 01/06/2021, 01/06/2022 and 01/06/2023.