SEC Form 4 · accession 0001384072-17-000024
Vanguard Natural Resources, Inc. · VNRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Robert
Officer — Executive VP and CFO
Period of report
Jan 4, 2017
Accepted (ET)
Jan 5, 2017 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001384072
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing LLC unitsF1 | Jan 4, 2017 | M | 210,291 | — | A | 683,449 | D | |
| Common Units representing LLC units | Jan 4, 2017 | D | 210,291 | $0.78 | D | 473,158 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1 | — | Jan 4, 2017 | M | 210,291 | D | Jan 1, 2017 | — | Common Units representing LLC units | 210,291 | 3,370,954 | D |
Explanation of responses
- F1Each phantom unit was the equivalent in value to one common unit of the Company. As determined by the Compensation Committee on the date of vest, the holder received the cash value of the vested phantom units.