CVR PARTNERS, LP — Director's Dealing 2019

Dec 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CVR PARTNERS, LP (UAN)
CIK: 0001425292
Period of Report: 2019-12-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-14	Common Units	M	56614	—	Acquired	132546	Direct
2019-12-14	Common Units	D	56614	$2.87	Disposed	75932	Direct
2019-12-15	Common Units	M	61671	—	Acquired	137603	Direct
2019-12-15	Common Units	D	61671	$2.87	Disposed	75932	Direct
2019-12-16	Common Units	M	38674	—	Acquired	114606	Direct
2019-12-16	Common Units	D	38674	$2.87	Disposed	75932	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-13	Phantom Units	$	A	191930	Acquired		Common Units (191930.0)	Direct
2019-12-14	Phantom Units	$	M	56614	Disposed		Common Units (56614.0)	Direct
2019-12-15	Phantom Units	$	M	61671	Disposed		Common Units (61671.0)	Direct
2019-12-16	Phantom Units	$	M	38674	Disposed		Common Units (38674.0)	Direct

Footnotes

F1: 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 and conditions 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 a common unit of CVR Partners, LP for the 10 business days preceding the vesting date.

F3: This price represents the average closing price of a common unit 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 as compensation for services as an officer on December 29, 2017. These Phantom Units vest ratably in three annual installments beginning in December of each year following the grant date, subject to the terms and conditions of the award agreement.

F5: The Phantom Units were awarded to the reporting person by CVR Partners, LP as compensation for services as an officer on December 31, 2016. These Phantom Units vest ratably in three annual installments beginning in December of each year following the grant date, subject to the terms and conditions 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 13, 2019. These Phantom Units vest ratably in three annual installments beginning in December of each year following the grant date, subject to the terms and conditions of the award agreement.

F7: The Phantom Units expire immediately upon vesting.