Vanguard Natural Resources, LLC 4
4 · Vanguard Natural Resources, LLC · Filed Jan 5, 2017
Insider Transaction Report
Form 4
SMITH SCOTT W
President and CEO
Transactions
- Exercise/Conversion
Phantom Units
2017-01-04−369,128→ 6,114,076 totalFrom: 2017-01-01→ Common Units representing LLC units (369,128 underlying) - Disposition to Issuer
Common Units representing LLC units
2017-01-04$0.78/sh−369,128$287,920→ 475,371 total - Exercise/Conversion
Common Units representing LLC units
2017-01-04+369,128→ 844,499 total
Footnotes (1)
- [F1]Each phantom unit was the equivalent in value to one common unit of the Company. As determined by the Compensation Committee on the date of vest, the holder received the cash value of the vested phantom units.