Rhino Resource Partners LP 4
4 · Rhino Resource Partners LP · Filed Mar 18, 2015
Insider Transaction Report
Form 4
Calvert Whitney R
VP and General Counsel
Transactions
- Conversion
Common Units representing limited partner interests
2015-02-27+1,243→ 1,694 total - Exercise/Conversion
Phantom Units with DERs
2015-02-27−712→ 711 totalFrom: 2015-02-27Exp: 2015-02-27→ Common Units (712 underlying) - Other
Common Units representing limited partner interests
2015-02-27$2.85/sh−1,243$3,543→ 451 total - Exercise/Conversion
Phantom Units with DERs
2015-02-27−531→ 1,061 totalFrom: 2015-02-27Exp: 2015-02-27→ Common Units (531 underlying)
Footnotes (1)
- [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 February 27, 2015, the board of directors of Rhino GP LLC determined to settle 1,243 of the reporting person's phantom units for cash.