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