Company: DK
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009658
Chunk: 101

Company: Delek US Holdings, Inc.
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 101
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 Company or its designated third party administrator has the right to deduct applicable taxes from any Award payment and withhold, at the time of delivery or vesting of cash or shares under the 2016 Plan, an appropriate amount of cash, number of shares, or combination thereof for payment of taxes or other amounts required by law or to take such other action as may be necessary in the opinion of the Company to satisfy all withholding obligations, provided that the amount withheld cannot exceed the required minimum withholding taxes. Section 409A The grant by the Board of other stock-based awards may have varying tax consequences to award recipients. Grants made pursuant to the 2016 Plan may be subject to Code Section 409A, and plan administration may have to conform to Code Section 409A. Failure to comply with Code Section 409A, if applicable, will result in acceleration of income and imposition of penalties and interest to award recipients. New Plan Benefits Awards granted under the 2016 Plan will be subject to the Committee’s discretion, subject to the terms of the 2016 Plan, and the Committee has not determined future awards or who might receive them. As a result, the benefits that will be awarded under the 2016 Plan are not currently determinable. During the fiscal year ended December 31, 2024, we granted awards under the 2016 Plan to our employees (including our NEOs) and nonemployee directors as reflected in the 2024 Grants of Plan Based Awards Table and the 2024 Director Compensation Table, respectively, in this Proxy Statement. Vote Required The affirmative vote of holders of a majority of the shares of Common Stock present or represented at the meeting and entitled to vote thereon is required to approve the amendment to the 2016 Plan. Abstentions have the same effect as a vote “against” the proposal. Broker non-votes have no effect on the outcome of the vote on this Proposal. The Board of Directors recommends a vote “FOR” the amendment of the 2016 Plan to increase the number of shares available for issuance thereunder.

| DELEK US HOLDINGS, INC. |     | 2025 PROXY STATEMENT | 91 |

TABLE OF CONTENTS

Equity Compensation Plan Information As of December 31, 2024 there were 1,604,051 shares available for issuance under the 2016 Plan. The following table provides information as of December 31, 2024, the last trading day of fiscal year 2024, regarding all compensation plans (including