Vanguard Natural Resources, LLC 4
4 · Vanguard Natural Resources, LLC · Filed Jan 12, 2017
Insider Transaction Report
Form 4
SMITH SCOTT W
President and CEO
Transactions
- Disposition to Issuer
Common Units representing LLC units
2017-01-01−25,130→ 450,241 total
Footnotes (1)
- [F1]Pursuant to the execution of the Amended and Restated Employment Agreement on June 6, 2013, restricted units were granted on January 1,2014 and January 1, 2015. Each restricted unit was subject to vesting in three equal annual installments, with the first vesting dates being January 1, 2015 and January 1, 2016, respectively, and each subsequent vesting date occurring on each annual anniversary of the first vesting date. On January 1, 2017, Scott Smith elected to dispose a net down number of units back to the Company.