DEVELASCO JANICE T (VP-Env., Health, Safety & Sec.) exercised options at CVR REFINING, LP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

DEVELASCO JANICE T

Filed: 12/18/2018ACC: 0001558785-18-000081

InsiderDEVELASCO JANICE TCIK 1727220

→

IssuerCVR REFINING, LPCIK 1558785

Officer· VP-Env., Health, Safety & Sec.

Since Dec 2018

-17.10K

Net shares

Net seller

$226.4K

Total sold

Open market trades

0B · 0S

Total transactions

17.10K acquired · 34.21K disposed

Non-Derivative Transactions6

Common Units

Direct

M · Option Exercise

+5.89K

Price / share

—

Trade value

—

% of position

147.2%

12/15/2018

4K→9.89K

Common Units

Direct

D · Disposition

−5.89K

Price / share

$13.30

Trade value

$78.28K

% of position

59.5%

12/15/2018

9.89K→4K

Common Units

Direct

M · Option Exercise

+7.79K

Price / share

—

Trade value

—

% of position

194.8%

12/16/2018

4K→11.79K

Common Units

Direct

D · Disposition

−7.79K

Price / share

$13.30

Trade value

$103.65K

% of position

66.1%

12/16/2018

11.79K→4K

Common Units

Direct

M · Option Exercise

+3.42K

Price / share

—

Trade value

—

% of position

85.6%

12/18/2018

4K→7.42K

Common Units

Direct

D · Disposition

−3.42K

Price / share

$13.00

Trade value

$44.51K

% of position

46.1%

12/18/2018

7.42K→4K

Total

Net shares

+0.00

Net value

-$226.44K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units Direct	12/15/2018	M · Option Exercise	+5.89K	—	—	147.2%	4K	9.89K
Common Units Direct	12/15/2018	D · Disposition	−5.89K	$13.30	$78.28K	59.5%	9.89K	4K
Common Units Direct	12/16/2018	M · Option Exercise	+7.79K	—	—	194.8%	4K	11.79K
Common Units Direct	12/16/2018	D · Disposition	−7.79K	$13.30	$103.65K	66.1%	11.79K	4K
Common Units Direct	12/18/2018	M · Option Exercise	+3.42K	—	—	85.6%	4K	7.42K
Common Units Direct	12/18/2018	D · Disposition	−3.42K	$13.00	$44.51K	46.1%	7.42K	4K
Total			+0.00		-$226.44K

Derivative Transactions3

Incentive Units

Direct

M · Option Exercise

Converts to

Common Units

5.89K shares

−5.89K

Strike price

Held after

11.77K

Exercisable

—

12/15/2018

Incentive Units

Direct

M · Option Exercise

Converts to

Common Units

7.79K shares

−7.79K

Strike price

Held after

7.79K

Exercisable

—

12/16/2018

Incentive Units

Direct

M · Option Exercise

Converts to

Common Units

3.42K shares

−3.42K

Strike price

Held after

0.00

Exercisable

—

12/18/2018

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Incentive Units Direct	Common Units5.89K shares	12/15/2018	M · Option Exercise	−5.89K	—	11.77K
Incentive Units Direct	Common Units7.79K shares	12/16/2018	M · Option Exercise	−7.79K	—	7.79K
Incentive Units Direct	Common Units3.42K shares	12/18/2018	M · Option Exercise	−3.42K	—	0.00