James L. Rubin - 12 Jul 2021 Form 4 Insider Report for Viper Energy Partners LP (VNOM)

Role
Director
Signature
James L. Rubin
Issuer symbol
VNOM
Transactions as of
12 Jul 2021
Net transactions value
$0
Form type
4
Filing time
14 Jul 2021, 16:02:42 UTC
Next filing
13 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNOM Common Units representing limited partner interests Award $0 +5,513 +55% $0.000000 15,483 12 Jul 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1. These 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 as an annual non-employee director award and will vest on July 12, 2022. 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 interest in these phantom units, except to the extent of any pecuniary interest therein.