Company: DK
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001694426-25-000013
Chunk: 296

Company: Delek US Holdings, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 15
Chunk 296
---
olidatedConsulting fees and severance costsGeneral and administrative expenses$0.3 $0.4 $12.8 $13.5 OtherCost of materials and other1.2 — — 1.2 ImpairmentAsset impairment— — 23.1 23.1 Total$1.5 $0.4 $35.9 $37.8 Year Ended December 31, 2022Type of CostsStatement of Income LocationRefiningLogisticsCorporate,Other and EliminationsConsolidatedConsulting fees and severance costsGeneral and administrative expenses$— $— $12.5 $12.5 Total$— $— $12.5 $12.5 

21. Equity-Based Compensation

Delek US Holdings, Inc. 2006 Long-Term Incentive PlanThe Delek US Holdings, Inc. 2006 Long-Term Incentive Plan, as amended (the "2006 Plan"), allowed Delek to grant stock options, SARs, RSUs, PRSUs, and other stock-based awards of up to 5,053,392 shares of Delek's common stock to certain directors, officers, employees, consultants and other individuals who performed services for Delek or its affiliates. Stock options and SARs granted under the 2006 Plan were generally granted at market price or higher. The vesting of all outstanding awards was subject to continued service to Delek or its affiliates except that vesting of awards granted to certain executive employees could, under certain circumstances, accelerate upon termination of their employment and the vesting of all outstanding awards could accelerate upon the occurrence of an Exchange Transaction (as defined in the 2006 Plan). In the second quarter of 2010, Delek's Board of Directors and its Incentive Plan Committee began using stock-settled SARs, rather than stock options, as the primary form of appreciation award under the 2006 Plan. The 2006 Plan expired in April 2016.Delek US Holdings, Inc. 2016 Long-Term Incentive PlanOn May 5, 2016, our stockholders approved our 2016 Long-Term Incentive Plan (the “2016 Plan”) to succeed our 2006 Plan.  The 2016 Plan allows Delek to grant stock options, SARs, restricted stock, RSUs, performance awards and other stock-based awards