4//SEC Filing
Morris William M 4
Accession 0001140361-12-005425
CIK 0001358831other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 6:41 PM ET
Size
8.6 KB
Accession
0001140361-12-005425
Insider Transaction Report
Form 4
Morris William M
VP, CAO and Controller
Transactions
- Award
Phantom Units
2012-02-02+5,202→ 23,723 totalExp: 2015-02-18→ Units (5,202 underlying) - Award
Phantom Units
2012-02-02+2,806→ 18,521 totalExp: 2015-02-18→ Units (2,806 underlying)
Footnotes (4)
- [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 vest annually in one-third increments beginning on February 18, 2013 and are payable in cash or, at the discretion of the compensation committee of the board of directors of the general partner of the Issuer, in units.
- [F3]The number of phantom units that vest each year for the three-year vesting period is subject to the achievement of certain objective, performance-based criteria during the fiscal year prior to the applicable vesting date. If none or only a portion of phantom units of a particular tranche vest as a result of target performance levels not being met, such number of phantom units that fail to vest will be forfeited.
- [F4]Includes the remaining 7,589 phantom units, 8,126 phantom units and 8,008 phantom units from the phantom units granted on February 18, 2010, February 18, 2011 and February 2, 2012, respectively.
Documents
Issuer
LEGACY RESERVES LP
CIK 0001358831
Entity typeother
Related Parties
1- filerCIK 0001385048
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 6:41 PM ET
- Size
- 8.6 KB