X0306 4 2016-09-01 0 0001532750 Titan Energy, LLC TTEN 0001516921 Herz Daniel C 1845 WALNUT STREET 10TH FLOOR PHILADELPHIA PA 19103 1 1 0 0 Chief Executive Officer Common Shares 2016-09-01 4 A 0 111111 A 111111 D The reporting person is a participant in Titan Energy, LLC's Management Incentive Plan (the "Plan"). The reporting person received 111,111 common shares under the Plan on September 1, 2016. 74,111 of such shares are subject to vesting and shall vest in three equal installments on each anniversary of the grant date. Lisa Washington, attorney-in-fact 2016-09-06