Company: DK
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009658
Chunk: 62

Company: Delek US Holdings, Inc.
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 62
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 Agreement includes non-solicitation provisions with respect to the customers and employees of the Company during the term of the McWatters Agreement and for one year thereafter. Ms. McWatters may receive certain benefits upon the expiration or termination of her employment. Please see the narrative discussion under the heading “Potential Payments Upon Termination or Change-In-Control” in this Proxy Statement for further discussion of these terms. Spiegel Employment Agreement On August 1, 2020, we entered into an employment agreement with Mr. Spiegel that originally expired on December 31, 2023 and was subsequently amended to extend the term through December 31, 2024 (as amended, the “Spiegel Agreement”). In November 2024, we entered into an amendment to the Spiegel Agreement in connection with Mr. Spiegel’s transition to Executive Vice President, Special Projects, which extends the term through December 31, 2025 and provides for base compensation of $330,000, an annual target bonus opportunity at 75% of base compensation, an equity grant valued at $247,500 of time vesting RSUs that will vest quarterly through December 31, 2025 and a cash severance payment of $300,000 paid in January 2025. The Company also agreed to provide Mr. Spiegel with a one year consulting agreement in January 2026 with annual base compensation of $400,000. The Spiegel Agreement includes a noncompetition clause which provides that Mr. Spiegel will not compete with the Company, directly or indirectly, in the geographic territory defined in the Spiegel Agreement during the term of the Spiegel Agreement and for one year thereafter. The Spiegel Agreement also includes non-solicitation provisions with respect to the customers and employees of the Company during the term of the Spiegel Agreement and for one year thereafter. Mr. Spiegel may receive certain benefits upon the expiration or termination of his employment. Please see the narrative discussion under the heading “Potential Payments Upon Termination or Change-In-Control” in this Proxy Statement for further discussion of these terms.

| DELEK US HOLDINGS, INC. |     | 2025 PROXY STATEMENT | 56 |

TABLE OF CONTENTS

Outstanding Equity Awards at December 31, 2024 The following table provides information about the number of outstanding equity awards held by our NEOs at December 31, 2024.

|                  |     | Option Awards |     |               |     |          |     |            |     | Stock Awards |