SEC Form 4 · accession 0000899243-18-025101
LEGACY RESERVES LP · LGCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cary D Brown
Director
Period of report
Sep 20, 2018
Accepted (ET)
Sep 24, 2018 · 8:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001358831
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Units representing limited partner interestsF1 | Sep 20, 2018 | D | 308,566 | — | D | 0 | D | |
| Units representing limited partner interestsF1,F2,F4 | Sep 20, 2018 | D | 3,199,738 | — | D | 0 | I | By Cary and Jill Brown Family Partners Ltd. |
| Units representing limited partner interestsF1,F3,F4 | Sep 20, 2018 | D | 406,827 | — | D | 0 | I | By DAB Family Properties, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the corporate reorganization of the Issuer from a master limited partnership to a corporation (the "Corporate Reorganization"), each outstanding unit representing a limited partner interest in the Issuer ("Unit") was converted into the right to receive one share of common stock, $0.01 par value per share, of Legacy Reserves Inc. ("New Legacy Common Stock").
- F2The Reporting Person is deemed to indirectly beneficially own the Units held by Cary and Jill Brown Family Partners Ltd.
- F3Reflects the Reporting Person's pecuniary interest in Units held by DAB Family Properties, Ltd. an entity partially owned by Brown Heirs 2012 Trust, of which the Reporting Person is a beneficiary.
- F4The Reporting Person disclaims beneficial ownership of these Units except to the extent of his pecuniary interest therein, and the inclusion of these Units in this report shall not be deemed an admission of beneficial ownership of all the reported Units for the purposes of Section 16 or for any other purpose.
Remarks
Director of Legacy Reserves GP, LLC, the general partner of Legacy Reserves LP.