SEC Form 4 · accession 0001376139-16-000134
CVR Refining, LP · CVRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R. Walter
Officer — SVP, General Counsel & Sec.
Period of report
Jan 17, 2013
Accepted (ET)
Dec 20, 2016 · 6:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001558785
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF2 | Jan 17, 2013 | P | 1,000 | $25.00 | A | 1,000 | D | |
| Common UnitsF3 | Dec 18, 2016 | M | 7,029 | $9.50 | A | 8,029 | D | |
| Common UnitsF3 | Dec 18, 2016 | D | 7,029 | $9.50 | D | 1,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive UnitsF4,F3 | — | Dec 18, 2016 | M | 7,029 | D | Dec 18, 2016 | Dec 18, 2016 | Common Units | 7,029 | 14,058 | D |
Explanation of responses
- F1The reporting person purchased the securities listed above through the Directed Unit Program conducted in connection with the Issuer's initial public offering.
- F2These common units were mistakenly omitted from the reporting person's original Form 3, and also were mistakenly omitted from two Form 4s filed by the reporting person after his original Form 3 was filed. These common units were included in the Issuer's beneficial ownership table in its annual report on Form 10-K for fiscal years ending December 31, 2014 and December 31, 2015.
- F3This transaction represents the cash settlement of vested Incentive Units awarded on December 18, 2015.
- F4The Incentive Units were awarded to the reporting person by CVR Energy, Inc., an affiliate of CVR Refining, LP and the parent of the general partner of CVR Refining, LP.