Rhino Resource Partners LP 4
4 · Rhino Resource Partners LP · Filed Mar 18, 2015
Insider Transaction Report
Form 4
Hunt Reford Chad
VP of Technical Services
Transactions
- Other
Common Units representing limited partner interests
2015-02-27$2.85/sh−1,586$4,520→ 0 total - Conversion
Phantom Units with DERs
2015-02-27−471→ 0 totalFrom: 2015-02-27Exp: 2015-02-27→ Common Units (471 underlying) - Conversion
Phantom Units with DERs
2015-02-27−664→ 665 totalFrom: 2015-02-27Exp: 2015-02-27→ Common Units (664 underlying) - Conversion
Common Units representing limited partner interests
2015-02-27+1,586→ 1,586 total - Conversion
Phantom Units with DERs
2015-02-27−451→ 903 totalFrom: 2015-02-27Exp: 2015-02-27→ Common Units (451 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 1,586 of the reporting person's phantom units for cash.