LEGACY RESERVES LP 4
4 · LEGACY RESERVES LP · Filed Jun 11, 2013
Insider Transaction Report
Form 4
Lawrence James R
Treasurer
Transactions
- Exercise/Conversion
Units representing limited partner interests
2013-06-07+3,000→ 15,750 total - Exercise/Conversion
Phantom Units
2013-06-07−3,000→ 6,000 total→ Units (3,000 underlying)
Footnotes (3)
- [F1]Each phantom unit represents the economic equivalent of a unit representing a limited partner interest in Legacy Reserves LP.
- [F2]Includes 760 restricted units that vest on May 19, 2014; 2,400 restricted units that vest in increments of 1,200 units on May 19, 2014 and May 19, 2015; and 3,870 restricted units that vest in increments of 1,290 units on May 19, 2014, May 19, 2015 and May 19, 2016.
- [F3]Phantom units vest annually in increments of 3,000 units beginning on the first anniversary of the grant date 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 or a combination of units and cash.