Vanguard Natural Resources, LLC 4
4 · Vanguard Natural Resources, LLC · Filed Apr 2, 2015
Insider Transaction Report
Form 4
Singletary Loren
Director
Transactions
- Award
Common units representing LLC interests
2015-04-01$15.02/sh+999$15,005→ 44,698 total
Footnotes (1)
- [F1]The Vanguard Natural Resources, LLC ("VNR") Board of Directors approved the option for the VNR management team and Independent Board of Directors to receive VNR common units in lieu of 2015 cash compensation. Loren Singletary elected this option and under the plan received a quarterly grant of VNR common units instead of his second quarter 2015 cash compensation. The unit price is calculated by using the weighted average closing price of the month prior to the grant.