Horne Paul T 4
4 · Legacy Reserves Inc. · Filed Sep 26, 2018
Insider Transaction Report
Form 4
Horne Paul T
DirectorChairman and CEO
Transactions
- Sale
Common Stock
2018-09-24$4.68/sh−563,551$2,637,419→ 830,879 total
Holdings
- 121,684(indirect: H2K Holdings, Ltd)
Common Stock
Footnotes (2)
- [F1]The proceeds from the sale of these shares of common stock, $0.01 par value per share, of the Issuer ("Common Stock") were used to cover tax withholding obligations with respect to the accelerated vesting of Legacy Reserves LP phantom units previously held by the Reporting Person in connection with the corporate reorganization of Legacy Reserves LP.
- [F2]The Reporting Person is the president of H2K Holdings, Ltd. and thus is deemed to indirectly beneficially own the shares of Common Stock held by H2K Holdings, Ltd.