4//SEC Filing
Westcott James Daniel 4
Accession 0001140361-18-011862
CIK 0001358831other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 11:37 AM ET
Size
11.3 KB
Accession
0001140361-18-011862
Insider Transaction Report
Form 4
Westcott James Daniel
EVP and CFO
Transactions
- Award
Phantom Units
2018-03-01+812,030→ 1,618,882 totalExp: 2021-02-18→ Units (812,030 underlying) - Award
Phantom Units
2018-03-01+135,339→ 301,648 totalExp: 2021-02-18→ Units (135,339 underlying) - Award
Phantom Units
2018-03-01+67,669→ 506,499 totalExp: 2021-02-18→ Units (67,669 underlying)
Footnotes (7)
- [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 are subject to vesting on February 18, 2021 and are payable in units.
- [F3]Includes the remaining 82,609 phantom units and 83,700 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
- [F4]Represents maximum possible number of phantom units subject to cliff vesting after a three year period ending on February 18, 2021, or 200% of the target amount. The number of phantom units that vest on February 18, 2021 is subject to the achievement of certain objective, performance-based criteria during the three fiscal years prior to the vesting date. If none or only a portion of phantom units vest as a result of specified performance levels not being met, such number of phantom units that fail to vest will be forfeited.
- [F5]The phantom units reported on this Form 4 are subject to vesting on February 18, 2021 and are payable in cash.
- [F6]Includes the remaining 472,050 phantom units and 334,802 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
- [F7]Includes the remaining 271,429 phantom units and 167,401 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
Documents
Issuer
LEGACY RESERVES LP
CIK 0001358831
Entity typeother
Related Parties
1- filerCIK 0001557732
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 11:37 AM ET
- Size
- 11.3 KB