SEC Form 4 · accession 0001140361-15-034018
Viper Energy Partners LP · VNOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L. Rubin
Director
Period of report
Aug 27, 2015
Accepted (ET)
Sep 1, 2015 · 2:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001602065
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 | Aug 27, 2015 | A | 4,938 | $0.00 | A | 4,938 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 27, 2015, the reporting person was granted 4,938 phantom units, of which 1,646 vested on the date of grant and will settle on August 27, 2015. The remaining 3,292 phantom units will vest and settle in two equal annual installments beginning on June 17, 2016. Each phantom unit is the economic equivalent of one common unit representing a limited partner interest in the Issuer. These phantom units have been assigned to Wexford Capital LP under the terms of Mr. Rubin's employment with Wexford Capital LP. As a result, Mr. Rubin disclaims any pecuniary interest in these phantom units.