Vanguard Natural Resources, LLC 4
4 · Vanguard Natural Resources, LLC · Filed Jan 5, 2017
Insider Transaction Report
Form 4
Pence Britt
Vice President of Engineering
Transactions
- Exercise/Conversion
Common Units representing LLC units
2017-01-01+172,260→ 384,883 total - Disposition to Issuer
Common Units representing LLC units
2017-01-01$0.67/sh−172,260$115,414→ 212,623 total - Exercise/Conversion
Phantom Units
2017-01-01−172,260→ 2,708,264 totalFrom: 2017-01-01→ Common Units representing LLC units (172,260 underlying)
Footnotes (1)
- [F1]Each phantom unit was the equivalent in value to one common unit of the Company. As determined by the Compensation Committee on the date of vest, the holder received the cash value of the vested phantom units.