Jackson Tracy Dawn 4
4 · CVR Refining, LP · Filed Dec 18, 2018
Insider Transaction Report
Form 4
CVR Refining, LPCVRR
Jackson Tracy Dawn
EVP and CFO
Transactions
- Disposition to Issuer
Common Units
2018-12-15$13.30/sh−10,230$136,059→ 0 total - Exercise/Conversion
Common Units
2018-12-15+10,230→ 10,230 total - Exercise/Conversion
Incentive Units
2018-12-15−10,230→ 20,458 total→ Common Units (10,230 underlying)
Footnotes (4)
- [F1]The Incentive Units were awarded to the reporting person by CVR Energy, Inc., an affiliate of CVR Refining, LP, as compensation for services as an officer on May 4, 2018. These Incentive Units vest ratably in three annual installments beginning in December of each year following the grant date, subject to the terms of the award agreement.
- [F2]Each Incentive Unit reported herein represents the right to receive upon vesting, a cash payment equal to the average closing price of the common units of CVR Refining, LP for the 10 business days preceding the vesting date.
- [F3]This price represents the average closing price of the common units of CVR Refining, LP for the 10 business days preceding the vesting date.
- [F4]The Incentive Units expire immediately following their vesting.