WALL KEVIN F 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 14, 2011
Insider Transaction Report
Form 4
WALL KEVIN F
Executive VP-Operations
Transactions
- Exercise/Conversion
Common Units
2011-02-13+6,000→ 7,500 total - Disposition to Issuer
Common Units
2011-02-13$35.44/sh−6,000$212,640→ 1,500 total - Exercise/Conversion
Phantom Units
2011-02-13−6,000→ 0 totalFrom: 2011-02-13Exp: 2011-02-13→ Common Units (6,000 underlying) - Award
Phantom Units
2011-02-10+9,000→ 9,000 totalFrom: 2015-02-10Exp: 2015-02-10→ Common Units (9,000 underlying)
Holdings
- 500(indirect: By Brittany Wall, Daughter)
Common Units
- 7,000
Phantom Units
From: 2012-02-22Exp: 2012-02-22→ Common Units (7,000 underlying) - 8,000
Phantom Units
From: 2013-02-12Exp: 2013-02-12→ Common Units (8,000 underlying) - 8,000
Phantom Units
From: 2014-02-11Exp: 2014-02-11→ Common Units (8,000 underlying)
Footnotes (6)
- [F1]The common units were deemed to have been purchased and sold on the date of vesting of the phantom units listed in Table II, which were paid in cash on a one for one basis based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
- [F2]Mr. Wall disclaims beneficial ownership of these securities.
- [F3]The phantom units were originally granted to the reporting person under the issuer's long term incentive plan.
- [F4]As described in Footnote 1, upon vesting, the phantom units were paid in cash on a one for one basis based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
- [F5]The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
- [F6]Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each unit will be accrued over the vesting period and paid on vesting.