Brown Cary D 4
4 · LEGACY RESERVES LP · Filed Sep 24, 2018
Insider Transaction Report
Form 4
Brown Cary D
DirectorChairman and CEO10% Owner
Transactions
- Disposition to Issuer
Units representing limited partner interests
2018-09-20−3,199,738→ 0 total(indirect: By Cary and Jill Brown Family Partners Ltd.) - Disposition to Issuer
Units representing limited partner interests
2018-09-20−406,827→ 0 total(indirect: By DAB Family Properties, Ltd.) - Disposition to Issuer
Units representing limited partner interests
2018-09-20−308,566→ 0 total
Footnotes (4)
- [F1]In connection with the corporate reorganization of the Issuer from a master limited partnership to a corporation (the "Corporate Reorganization"), each outstanding unit representing a limited partner interest in the Issuer ("Unit") was converted into the right to receive one share of common stock, $0.01 par value per share, of Legacy Reserves Inc. ("New Legacy Common Stock").
- [F2]The Reporting Person is deemed to indirectly beneficially own the Units held by Cary and Jill Brown Family Partners Ltd.
- [F3]Reflects the Reporting Person's pecuniary interest in Units held by DAB Family Properties, Ltd. an entity partially owned by Brown Heirs 2012 Trust, of which the Reporting Person is a beneficiary.
- [F4]The Reporting Person disclaims beneficial ownership of these Units except to the extent of his pecuniary interest therein, and the inclusion of these Units in this report shall not be deemed an admission of beneficial ownership of all the reported Units for the purposes of Section 16 or for any other purpose.