W. Anthony Will - Aug 9, 2021 Form 4 Insider Report for CF Industries Holdings, Inc. (CF)

Role: President & CEO, Director
Signature: /s/ Douglas C. Barnard, by power of attorney
Stock symbol: CF
Transactions as of: Aug 9, 2021
Transactions value $: -$208,595
Form type: 4
Date filed: 8/10/2021, 04:02 PM
Previous filing: Jun 3, 2021
Next filing: Oct 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CF	Common stock, par value $0.01 per share	Options Exercise	$821K	+27.5K	+5.68%	$29.92	511K	Aug 9, 2021	Direct
transaction	CF	Common stock, par value $0.01 per share	Tax liability	-$1.03M	-21.9K	-4.28%	$47.07	489K	Aug 9, 2021	Direct	F1

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	CF	Employee Stock Option (right to buy)	Options Exercise	$0	-27.5K	-100%	$0.00^*	0	Aug 9, 2021	Common Stock, par value $0.01 per share	27.5K	$29.92	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person was granted options on August 10, 2011 that were scheduled to expire on August 10, 2021. In accordance with the terms of the option award agreement, the options were automatically exercised on the last trading date prior to the expiration date and shares were withheld to satisfy the exercise price and tax withholding obligation.
F2	The options vested in three equal installments on August 10, 2012, 2013 and 2014.