SEC Form 4 · accession 0001104659-17-013169
LEGACY RESERVES LP · LGCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Cary D Brown
Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 8:18 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Series B Preferred UnitsF1,F2,F3 | Feb 27, 2017 | S | 93,146 | $10.23 | D | 126,785 | I | By Moriah Investment Partners |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The full title of the security is "8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units."
- F2Reflects the weighted average sale price for the Series B Preferred Units. The shares were sold in multiple transactions at prices ranging from $10.00 to $10.50 per unit, inclusive. Detailed information with respect to individual unit amounts and prices is available and will be furnished upon request.
- F3Moriah Investment Partners is an entity owned and controlled by Mr. Cary D. Brown and Mr. Dale A. Brown.
Remarks
Director of Legacy Reserves GP, LLC, the general partner of Legacy Reserves LP.