0001140361-18-011864.txt : 20180305
0001140361-18-011864.hdr.sgml : 20180305
20180305113802
ACCESSION NUMBER: 0001140361-18-011864
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180301
FILED AS OF DATE: 20180305
DATE AS OF CHANGE: 20180305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hammond Kyle
CENTRAL INDEX KEY: 0001635126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33249
FILM NUMBER: 18664903
MAIL ADDRESS:
STREET 1: 303 W. WALL STREET
STREET 2: SUITE 1800
CITY: MIDLAND
STATE: TX
ZIP: 79701
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
4
1
doc1.xml
FORM 4
X0306
4
2018-03-01
0
0001358831
LEGACY RESERVES LP
LGCY
0001635126
Hammond Kyle
303 W. WALL, STE 1800
MIDLAND
TX
79701
0
1
0
0
EVP & COO
Phantom Units
2018-03-01
4
A
0
127819
0.00
A
2021-02-18
Units
127819
260866
D
Phantom Units
2018-03-01
4
A
0
766918
0.00
A
2021-02-18
Units
766918
1412400
D
Phantom Units
2018-03-01
4
A
0
63910
0.00
A
2021-02-18
Units
63910
414974
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, 2021 and are payable in units.
Includes the remaining 66,087 phantom units and 66,960 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
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.
The phantom units reported on this Form 4 are subject to vesting on February 18, 2021 and are payable in cash.
Includes the remaining 377,640 phantom units and 267,842 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
Includes the remaining 217,143 phantom units and 133,921 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively.
Executive Vice President and Chief Operating Officer of Legacy Reserves GP, LLC, the general partner of Legacy Reserves LP.
/s/ Kyle M. Hammond
2018-03-05