SEC Form 4 · accession 0001140361-17-010971
LEGACY RESERVES LP · LGCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kyle D Vann
Director
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 11:06 am 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 |
|---|---|---|---|---|---|---|---|---|
| Units representing limited partner interestsF1 | Mar 6, 2017 | P | 25,000 | $2.35 | A | 144,860 | D | |
| Series B Preferred UnitsF2,F3 | Mar 6, 2017 | S | 5,330 | $10.67 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.33 to $2.36, inclusive. The reporting person undertakes to provide to Legacy Reserves LP, any security holder of Legacy Reserves LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased or sold at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.
- F2The full title of the security is "8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units."
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.53 to $10.76, inclusive.
Remarks
Director of Legacy Reserves GP, LLC, the general partner of Legacy Reserves LP.