4//SEC Filing
Foster Micah C. 4
Accession 0001140361-18-011868
CIK 0001358831other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 11:39 AM ET
Size
11.3 KB
Accession
0001140361-18-011868
Insider Transaction Report
Form 4
Foster Micah C.
CAO and Controller
Transactions
- Award
Phantom Units
2018-03-01+150,376→ 293,698 totalExp: 2021-02-18→ Units (150,376 underlying) - Award
Phantom Units
2018-03-01+25,063→ 54,605 totalExp: 2021-02-18→ Units (25,063 underlying) - Award
Phantom Units
2018-03-01+12,531→ 90,481 totalExp: 2021-02-18→ Units (12,531 underlying)
Footnotes (7)
- [F1]Each phantom unit represents the economic equivalent of a unit representing a limited partner interest in Legacy Reserves LP.
- [F2]The phantom units reported on this Form 4 are subject to vesting on February 18, 2021 and are payable in units.
- [F3]Includes the remaining 14,674 phantom units and 14,868 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
- [F4]Represents maximum possible number of phantom units subject to cliff vesting after a three year period ending on February 18, 2021, or 200% of the target amount. The number of phantom units that vest on February 18, 2021 is subject to the achievement of certain objective, performance-based criteria during the three fiscal years prior to the vesting date. If none or only a portion of phantom units vest as a result of specified performance levels not being met, such number of phantom units that fail to vest will be forfeited.
- [F5]The phantom units reported on this Form 4 are subject to vesting on February 18, 2021 and are payable in cash.
- [F6]Includes the remaining 83,850 phantom units and 59,472 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
- [F7]Includes the remaining 48,214 phantom units and 29,736 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
Documents
Issuer
LEGACY RESERVES LP
CIK 0001358831
Entity typeother
Related Parties
1- filerCIK 0001544888
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 11:39 AM ET
- Size
- 11.3 KB