0001140361-17-010496.txt : 20170303 0001140361-17-010496.hdr.sgml : 20170303 20170303151506 ACCESSION NUMBER: 0001140361-17-010496 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170301 FILED AS OF DATE: 20170303 DATE AS OF CHANGE: 20170303 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LEGACY RESERVES LP CENTRAL INDEX KEY: 0001358831 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 303 W WALL STREET 2: SUITE 1800 CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: 432-689-5200 MAIL ADDRESS: STREET 1: 303 W WALL STREET 2: SUITE 1800 CITY: MIDLAND STATE: TX ZIP: 79701 FORMER COMPANY: FORMER CONFORMED NAME: LEGACY RESERVES L P DATE OF NAME CHANGE: 20060410 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Horne Paul T CENTRAL INDEX KEY: 0001385058 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33249 FILM NUMBER: 17663155 MAIL ADDRESS: STREET 1: C/O LEGACY RESERVES GP, LLC STREET 2: 303 W. WALL STREET, SUITE 1600 CITY: MIDLAND STATE: TX ZIP: 79701 4 1 doc1.xml FORM 4 X0306 4 2017-03-01 0 0001358831 LEGACY RESERVES LP LGCY 0001385058 Horne Paul T 303 W. WALL STREET, SUITE 1800 MIDLAND TX 79701 1 1 0 0 Chairman, President and CEO Phantom Units 2017-03-01 4 A 0 157489 0.00 A 2020-02-18 Units 157489 420663 D Phantom Units 2017-03-01 4 A 0 629956 0.00 A 2020-02-18 Units 629956 1518156 D Phantom Units 2017-03-01 4 A 0 314978 0.00 A 2020-02-18 Units 314978 825692 D Each phantom unit represents the economic equivalent of a unit representing a limited partner interest in Legacy Reserves LP. The phantom units reported on this Form 4 are subject to vesting on February 18, 2020 and are payable in units. Includes the remaining 107,739 phantom units and 155,435 phantom units from the phantom units granted on February 24, 2015 and June 22, 2016, respectively. Represents maximum possible number of phantom units subject to cliff vesting after a three year period ending on February 18, 2020, or 200% of the target amount. The number of phantom units that vest on February 18, 2020 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. The phantom units reported on this Form 4 are subject to vesting on February 18, 2020 and are payable in cash. Includes the remaining 888,200 phantom units from the phantom units granted on June 22, 2016. Includes the remaining 510,714 phantom units from the phantom units granted on June 22, 2016. Chairman, President and Chief Executive Officer of Legacy Reserves GP, LLC, the general partner of Legacy Reserves LP. /s/ Paul T. Horne 2017-03-03