DeVelasco Janice T 4
4 · CVR Refining, LP · Filed Dec 18, 2018
Insider Transaction Report
Form 4
CVR Refining, LPCVRR
DeVelasco Janice T
VP-Env., Health, Safety & Sec.
Transactions
- Exercise/Conversion
Common Units
2018-12-18+3,424→ 7,424 total - Exercise/Conversion
Incentive Units
2018-12-18−3,424→ 0 total→ Common Units (3,424 underlying) - Disposition to Issuer
Common Units
2018-12-15$13.30/sh−5,886$78,284→ 4,000 total - Disposition to Issuer
Common Units
2018-12-16$13.30/sh−7,793$103,647→ 4,000 total - Disposition to Issuer
Common Units
2018-12-18$13.00/sh−3,424$44,512→ 4,000 total - Exercise/Conversion
Incentive Units
2018-12-15−5,886→ 11,770 total→ Common Units (5,886 underlying) - Exercise/Conversion
Incentive Units
2018-12-16−7,793→ 7,793 total→ Common Units (7,793 underlying) - Exercise/Conversion
Common Units
2018-12-15+5,886→ 9,886 total - Exercise/Conversion
Common Units
2018-12-16+7,793→ 11,793 total
Footnotes (6)
- [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 December 29, 2017. 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 were awarded to the reporting person by CVR Energy, Inc., an affiliate of CVR Refining, LP, as compensation for services as an officer on December 31, 2016. 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.
- [F5]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 December 18, 2015. 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.
- [F6]The Incentive Units expire immediately following their vesting.