SEC Form 4 · accession 0000899243-18-025110
LEGACY RESERVES LP · LGCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale A Brown
Director
Period of report
Sep 20, 2018
Accepted (ET)
Sep 24, 2018 · 8:12 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 | 115,060 | — | D | 0 | D | |
| Units representing limited partner interestsF1,F2,F4 | Sep 20, 2018 | D | 2,440,961 | — | D | 0 | I | By DAB Family Properties, Ltd. |
| Units representing limited partner interestsF1,F3,F4 | Sep 20, 2018 | D | 542,281 | — | D | 0 | I | By DAB Resources 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 DAB Family Properties, Ltd. The sole general partner of DAB Family Properties, Ltd. is DAB 1999 Corp., the sole shareholders of which are Mr. Dale A. Brown and his wife, Rita F. Brown.
- F3The Reporting Person is deemed to indirectly beneficially own the Units held by DAB Resources Ltd.
- 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.