Hunt Reford Chad 4
4 · Rhino Resource Partners LP · Filed Mar 5, 2013
Insider Transaction Report
Form 4
Hunt Reford Chad
VP of Technical Services
Transactions
- Conversion
Phantom Units with DERs
2013-03-01−471→ 943 totalFrom: 2013-03-01Exp: 2013-03-01→ Common Units (471 underlying) - Conversion
Common Units representing limited partner interests
2013-03-01+471→ 1,070 total - Other
Common Units representing limited partner interests
2013-03-01$14.05/sh−151$2,122→ 919 total
Footnotes (2)
- [F1]Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in Rhino Resource Partners LP (the "Partnership") and is accompanied by a Distribution Equivalent Right entitling the holder to an amount of cash equal to the value of any cash distributions paid on each of the Partnership's common units during the period in which the Phantom Unit is held. One-third of the Phantom Units vests annually, beginning with the one year anniversary of the date of grant. On March 1, 2013, 471 of the reporting person's phantom units were settled for an equal number of common units of the Partnership.
- [F2]Represents common units withheld pursuant to a mandatory tax withholding obligation.