SEC Form 4 · accession 0001104659-15-011320
LRR Energy, L.P. · LRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan C. Farber
Director · 10% Owner
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001519632
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1,F5,F6,F7 | Feb 13, 2015 | M | 640,165 | — | A | 1,224,544 | I | See Notes |
| Common units representing limited partner interestsF2,F5,F6,F8 | Feb 13, 2015 | M | 212,245 | — | A | 405,995 | I | See Notes |
| Common units representing limited partner interestsF3,F5,F6,F9 | Feb 13, 2015 | M | 3,627,590 | — | A | 6,939,061 | I | See Notes |
| Common units representing limited partner interests | holding | — | — | — | 18,354 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated units representing limited partner interestsF1,F5,F6,F7,F4 | — | Feb 13, 2015 | M | 640,165 | D | — | — | Common units representing limited partner interests | 640,165 | 0 | I |
| Subordinated units representing limited partner interestsF2,F5,F6,F8,F4 | — | Feb 13, 2015 | M | 212,245 | D | — | — | Common units representing limited partner interests | 212,245 | 0 | I |
| Subordinated units representing limited partner interestsF3,F4,F5,F8,F6,F9 | — | Feb 13, 2015 | M | 3,627,590 | D | — | — | Common units representing limited partner interests | 3,627,590 | 0 | I |
Explanation of responses
- F1On February 13, 2015, pursuant to the terms of the First Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement") of LRR Energy, L.P. (the "Partnership"), 640,165 subordinated units representing limited partner interests in the Partnership ("Subordinated Units") acquired by Lime Rock Resources A, L.P. ("LRR A") in the Partnership's initial public offering converted automatically into common units representing limited partnership interests in the Partnership ("Common Units") on a one-for-one basis for no additional consideration.
- F2On February 13, 2015, pursuant to the terms of the Partnership Agreement, 212,245 Subordinated Units acquired by Lime Rock Resources B, L.P. ("LRR B") in the IPO converted automatically into Common Units on a one-for-one basis for no additional consideration.
- F3On February 13, 2015, pursuant to the terms of the Partnership Agreement, 3,627,590 Subordinated Units acquired by Lime Rock Resources C, L.P. ("LRR C") in the IPO converted automatically into Common Units on a one-for-one basis for no additional consideration.
- F4The Subordinated Units did not have an expiration date.
- F5The Reporting Person is one of two managers of LRR GP, LLC ("LRR GP"), which is the general partner of Lime Rock Resources GP, L.P. ("Lime Rock GP"). Lime Rock GP is the general partner of LRR A, LRR B and LRR C.
- F6The Reporting Person, LRR GP and Lime Rock GP may be deemed to share voting and dispositive power over the reported securities. Each of the Reporting Person, LRR GP and Lime Rock GP disclaim beneficial ownership of any interests of the reported securities in excess of such person's or entity's respective pecuniary interest in the securities. This report shall not be deemed an admission that the Reporting Person, LRR GP or Lime Rock GP is the beneficial owner of such interests for purposes of Section 16 or for any other purpose.
- F7Units owned by LRR A.
- F8Units owned by LRR B.
- F9Units owned by LRR C.