0001140361-16-070104.txt : 20160616 0001140361-16-070104.hdr.sgml : 20160616 20160616172115 ACCESSION NUMBER: 0001140361-16-070104 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160614 FILED AS OF DATE: 20160616 DATE AS OF CHANGE: 20160616 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Memorial Production Partners LP CENTRAL INDEX KEY: 0001521847 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 900726667 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 DALLAS STREET STREET 2: SUITE 1600 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-588-8300 MAIL ADDRESS: STREET 1: 500 DALLAS STREET STREET 2: SUITE 1600 CITY: HOUSTON STATE: TX ZIP: 77002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scarff William J CENTRAL INDEX KEY: 0001597986 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35364 FILM NUMBER: 161718307 MAIL ADDRESS: STREET 1: 1301 MCKINNEY STREET 2: SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77010 4 1 doc1.xml FORM 4 X0306 4 2016-06-14 0 0001521847 Memorial Production Partners LP MEMP 0001597986 Scarff William J 500 DALLAS STREET, SUITE 1600 HOUSTON TX 77002 1 1 0 0 President Phantom units 2016-06-14 4 A 0 670391 0 A Common Units 670391 670391 D Each phantom unit awarded to the reporting person is the economic equivalent of one common unit representing a limited partner interest in the issuer ("Common Unit"). The phantom units awarded to the reporting person will vest in three equal annual installments beginning on the first anniversary of the grant. Award includes distribution equivalent rights pursuant to which the reporting person will receive a cash payment with respect to each phantom unit equal to any cash distribution paid by the issuer to a holder of a Common Unit. Upon vesting, the phantom units shall be settled through an amount of cash in a single lump sum payment equal to the product of (y) the closing price of the Common Units on the vesting date and (z) the number of such vested phantom units. In lieu of a cash payment, the Board of Directors of the general partner of the issuer, in its discretion, may elect for the reporting person to receive either a number of Common Units equal to the number of such vested phantom units or a combination of cash and Common Units. The reporting person is the President of Memorial Production Partners GP LLC, the general partner of the issuer. /s/ William J. Scarff 2016-06-16