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Form 3 Sanchez Production Partn For: Nov 22 Filed by: SN UR Holdings, LLC

November 28, 2016 4:08 PM EST
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
SN UR Holdings, LLC

(Last) (First) (Middle)
1000 MAIN STREET, SUITE 3000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/22/2016
3. Issuer Name and Ticker or Trading Symbol
Sanchez Production Partners LP [ SPP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Units 2,272,727
D (1)
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These securities are directly owned by SN UR Holdings, LLC ("Holdings"), a wholly-owned subsidiary of Sanchez Energy Corporation ("Sanchez Energy"). Sanchez Energy shares voting and dispositive power over the securities controlled by Holdings and may be deemed a beneficial owner of the securities reported on this Form 3. The transactions pursuant to which the securities were acquired by Holdings were approved by an independent committee of Sanchez Energy's board of directors.
Remarks:
Signed in the following capacities: The undersigned officer of Sanchez Energy is signing in his capacity as an authorized officer of Sanchez Energy, on behalf of Sanchez Energy for itself and for Holdings in Sanchez Energy's capacity as the sole member of Holdings.
/s/ Antonio R. Sanchez, III (see remarks) 11/28/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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