0001140361-18-011866.txt : 20180305 0001140361-18-011866.hdr.sgml : 20180305 20180305113853 ACCESSION NUMBER: 0001140361-18-011866 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: McGraw Kyle A CENTRAL INDEX KEY: 0001385052 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33249 FILM NUMBER: 18664905 MAIL ADDRESS: STREET 1: C/O LEGACY RESERVES GP, LLC STREET 2: 303 W. WALL STREET, SUITE 1600 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 0001385052 McGraw Kyle A 303 W. WALL STREET, SUITE 1800 MIDLAND TX 79701 1 1 0 0 EVP and CDO Phantom Units 2018-03-01 4 A 0 66667 0.00 A 2021-02-18 Units 66667 176957 D Phantom Units 2018-03-01 4 A 0 400000 0.00 A 2021-02-18 Units 400000 935070 D Phantom Units 2018-03-01 4 A 0 33333 0.00 A 2021-02-18 Units 33333 324346 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 54,783 phantom units and 55,507 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively, which are all payable in units. 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 313,044 phantom units and 222,026 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively. Includes the remaining 180,000 phantom units and 111,013 phantom units from the phantom units granted on June 22, 2016 and March 1, 2017, respectively. Director, Executive Vice President and Chief Development Officer of Legacy Reserves GP, LLC, the general partner of Legacy Reserves LP. /s/ Kyle A. McGraw 2018-03-05