Vanguard Natural Resources, LLC 4
4 · Vanguard Natural Resources, LLC · Filed Oct 2, 2015
Insider Transaction Report
Form 4
Robert Richard A
Executive VP and CFO
Transactions
- Award
Common Units representing LLC interests
2015-10-01$8.60/sh+7,194$61,868→ 477,946 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. Richard Robert elected this option and under the plan received a quarterly grant of VNR common units instead of the full quarterly cash compensation. The unit price is calculated by using the weighted average closing price of the month prior to the grant.