0001638599-16-000901.txt : 20160519
0001638599-16-000901.hdr.sgml : 20160519
20160519131007
ACCESSION NUMBER: 0001638599-16-000901
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160518
FILED AS OF DATE: 20160519
DATE AS OF CHANGE: 20160519
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vanguard Natural Resources, LLC
CENTRAL INDEX KEY: 0001384072
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5847 SAN FELIPE
STREET 2: SUITE 3000
CITY: HOUSTON
STATE: TX
ZIP: 77057
BUSINESS PHONE: 832-327-2259
MAIL ADDRESS:
STREET 1: 5847 SAN FELIPE
STREET 2: SUITE 3000
CITY: HOUSTON
STATE: TX
ZIP: 77057
FORMER COMPANY:
FORMER CONFORMED NAME: Vanguard Natural Resrouces LLC
DATE OF NAME CHANGE: 20061219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pence Britt
CENTRAL INDEX KEY: 0001415750
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33756
FILM NUMBER: 161662589
MAIL ADDRESS:
STREET 1: 7700 SAN FELIPE
STREET 2: SUITE 485
CITY: HOUSTON
STATE: TX
ZIP: 77063
4
1
doc4_3960.xml
PRIMARY DOCUMENT
X0306
4
2016-05-18
0
0001384072
Vanguard Natural Resources, LLC
VNR
0001415750
Pence Britt
5847 SAN FELIPE, SUITE 3000
HOUSTON
TX
77057
0
1
0
0
Executive VP of Operations
Common Units representing LLC units
2016-05-18
4
C
0
13000
0
A
212623
D
Phantom Units
0
2016-05-18
4
D
0
13000
0
D
2016-05-18
2016-05-18
Common Units
13000
529778
D
The phantom units were granted pursuant to the execution of a Second Amended and Restated Employment Agreement on February 8, 2010 and subject to a Phantom Unit Award Agreement. Each phantom unit represents the equivalent of one common unit of the Company. The phantom units are subject to vesting in five equal annual installments, with the first vesting date being May 18, 2013, and each subsequent vesting date occurring on each annual anniversary of the first vesting date. The vested phantom units are payable following each vesting date, in either the Company's common units or in a cash amount equal to the fair market value of the Company's common units on the vesting date.
The phantom units, once vested, shall be settled through the delivery of a number of Common Units equal to the number of such Vested Units, or an amount of cash equal to the Fair Market Value of a Common Unit on the Vesting Date to be paid in a single lump sum payment, as determined by the Comp Committee in its discretion.
/s/ Britt Pence
2016-05-19