12 unchanged sentences
The Partnership has 27 holders of record of the outstanding units as of December 31, 2021.
−Removed: December 31, 2020 | 27
−Removed: Purchases of Equity Securities by the Issuer
−Removed: Repurchases of the Partnership’s common units during the three months ended December 31, 2020 were as follows:
−Removed: Period Total Number of Units Purchased Average Price paid per Unit Total Number of Units Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Units that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: October 1 to October 31, 2020
−Removed: — $ — — $ 7,723,222
−Removed: November 1 to November 30, 2020 (2)
−Removed: 60,000 8.32 60,000 7,223,883
−Removed: December 1 to December 31, 2020
−Removed: 333,777 12.88 333,777 2,924,400
−Removed: Total 393,777 393,777
−Removed: (1) On May 6, 2020, the Board, on behalf of the Partnership, authorized the Partnership to repurchase up to $10 million of the Partnership’s common units.
−Removed: Repurchases may be made through open market transactions, block trades, privately negotiated transactions, or otherwise in accordance with applicable securities laws.
−Removed: Through December 31, 2020, the Partnership has repurchased $7.1 million of its common units under this authorization and $2.9 million of authority may yet be used to purchase common units.
−Removed: (2) On November 23, 2020, a 10-to-1 reverse common unit split occurred.
−Removed: From November 1, 2020 through November 23, 2020, the Partnership repurchased 416,000 common units.
−Removed: The units summarized above reflect common unit repurchases on a split-adjusted basis.
−Removed: No changes to the unit repurchase authorization occurred during the period as a result of the reverse split.
Equity Compensation Plan
−Removed: The CVR Partners Long-Term Incentive Plan (“LTIP”) provides for the grant of options, unit appreciation rights, distribution equivalent rights, restricted units, phantom units and other unit-based awards, each in respect of common units.
+Added: The CVR Partners Long-Term Incentive Plan (“CVR Partners LTIP”) provides for the grant of options, unit appreciation rights, distribution equivalent rights, restricted units, phantom units and other unit-based awards, each in respect of common units.
Individuals who are eligible to receive awards under the CVR Partners LTIP include employees, officers, consultants and directors of CVR Partners and the general partner and their respective subsidiaries and parents.
A maximum of 500,000 common units are issuable under the CVR Partners LTIP.
+Added: December 31, 2021 | 27
The table below contains information about securities authorized for issuance under the CVR Partners LTIP as of December 31, 2021.
5 unchanged sentences
(1) Represents units that remain available for future issuance pursuant to the CVR Partners LTIP in connection with awards of options, unit appreciation rights, distribution equivalent rights, restricted units, and phantom units.
−Removed: Selected Financial Data
−Removed: Not applicable.
−Removed: December 31, 2020 | 28
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.