SEC Form 4 · accession 0001384072-17-000032
Vanguard Natural Resources, Inc. · VNRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott W Smith
Officer — President and CEO
Period of report
Jan 1, 2017
Accepted (ET)
Jan 12, 2017 · 3:44 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 1, 2017 | D | 25,130 | $0.00 | D | 450,241 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the execution of the Amended and Restated Employment Agreement on June 6, 2013, restricted units were granted on January 1,2014 and January 1, 2015. Each restricted unit was subject to vesting in three equal annual installments, with the first vesting dates being January 1, 2015 and January 1, 2016, respectively, and each subsequent vesting date occurring on each annual anniversary of the first vesting date. On January 1, 2017, Scott Smith elected to dispose a net down number of units back to the Company.