CVR PARTNERS, LP — Director's Dealing 2018

Dec 18, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CVR PARTNERS, LP (UAN)
CIK: 0001425292
Period of Report: 2018-12-14

Reporting Person: PYTOSH MARK A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-15	Common Units	M	61672	—	Acquired	137604	Direct
2018-12-15	Common Units	D	61672	$3.51	Disposed	75932	Direct
2018-12-16	Common Units	M	38674	—	Acquired	114606	Direct
2018-12-16	Common Units	D	38674	$3.51	Disposed	75932	Direct
2018-12-18	Common Units	M	26683	—	Acquired	102615	Direct
2018-12-18	Common Units	D	26683	$3.47	Disposed	75932	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-14	Phantom Units	$	A	169842	Acquired		Common Units (169842.0)	Direct
2018-12-15	Phantom Units	$	M	61672	Disposed		Common Units (61672.0)	Direct
2018-12-16	Phantom Units	$	M	38674	Disposed		Common Units (38674.0)	Direct
2018-12-18	Phantom Units	$	M	26683	Disposed		Common Units (26683.0)	Direct

Footnotes

F1: The Phantom Units were awarded to the reporting person by CVR Partners, LP on December 29, 2017, as compensation for services as an officer. 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 Phantom 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 Partners, LP for the 10 business days preceding the vesting date.

F3: This price represents the average closing price of the common units of CVR Partners, LP for the 10 business days preceding the vesting date.

F4: The Phantom Units were awarded to the reporting person by CVR Partners, LP on December 31, 2016, as compensation for services as an officer. 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 Phantom Units were awarded to the reporting person by CVR Partners, LP on December 18, 2015, as compensation for services as an officer. 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 Phantom Units were awarded to the reporting person by CVR Partners, LP as compensation for services as an officer on December 14, 2018. These Phantom 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.

F7: The Phantom Units expire immediately following their vesting.