McGraw Kyle A 4
4 · Legacy Reserves Inc. · Filed Sep 24, 2018
Insider Transaction Report
Form 4
McGraw Kyle A
EVP and CDO
Transactions
- Award
Common Stock
2018-09-20+229,501→ 229,501 total - Award
Common Stock
2018-09-20+1,020,060→ 1,020,060 total(indirect: McGraw Family Holdings, Ltd.) - Award
Common Stock
2018-09-21+187,324→ 416,825 total
Footnotes (3)
- [F1]In connection with the corporate reorganization of Legacy Reserves LP from a master limited partnership to a corporation, each outstanding unit representing a limited partner interest in Legacy Reserves LP was converted into the right to receive one share of common stock, $0.01 par value per share, of the Issuer ("Common Stock").
- [F2]Reflects restricted stock units granted in connection with the corporate reorganization. Each restricted stock unit represents a contingent right to receive one share of Common Stock. These restricted stock units vest 25% on March 1, 2020, 25% on March 1, 2021, and 50% on March 1, 2022, subject to the Reporting Person's continued employment on each vesting date and possible acceleration.
- [F3]The Reporting Person is partial owner of the Kyle A. McGraw Family Holdings, Ltd. and thus is deemed to indirectly beneficially own the Units held by Kyle A. McGraw Family Holdings, Ltd.