SEC Form 4 · accession 0001602065-19-000013
Viper Energy Partners LP · VNOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Zmigrosky
Officer — Exec. VP, Gen Counsel and Sec
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:11 pm EST
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 | Mar 1, 2019 | A | 11,001 | $0.00 | A | 11,001 | D | |
| Common Units representing limited partner interestsF2 | Mar 1, 2019 | F | 1,087 | $0.00 | D | 9,914 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are phantom units, each of which is the economic equivalent of one common unit representing a limited partner interest in the Issuer. These phantom units were granted under the Issuer's Long-Term Incentive Plan and will vest in three equal installments beginning on March 1, 2019.
- F2The issuer withheld units of common units that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of one-third of the phantom units granted on March 1, 2019. The number of units of common units withheld was determined based on the closing price per unit of the issuer's common units on March 1, 2019.