CARMICHAEL DAVID M 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 29, 2012
Insider Transaction Report
Form 4
CARMICHAEL DAVID M
Director
Transactions
- Disposition to Issuer
Common Units
2012-02-28$26.40/sh−3,000$79,200→ 10,000 total - Exercise/Conversion
Phantom Units
2012-02-28−3,000→ 0 totalFrom: 2012-02-28Exp: 2012-02-28→ Common Units (3,000 underlying) - Exercise/Conversion
Common Units
2012-02-28+3,000→ 13,000 total
Holdings
- 3,375
Phantom Units
From: 2013-02-26Exp: 2013-02-26→ Common Units (3,375 underlying) - 3,580
Phantom Units
From: 2015-02-10Exp: 2015-02-10→ Common Units (3,580 underlying) - 3,700
Phantom Units
From: 2016-02-14Exp: 2016-02-14→ Common Units (3,700 underlying) - 3,475
Phantom Units
From: 2014-02-11Exp: 2014-02-11→ Common Units (3,475 underlying)
Footnotes (5)
- [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.
- [F2]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.
- [F3]The phantom units were granted to the reporting person under the issuer's long-term incentive plan.
- [F4]The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately prior to the date of vesting.
- [F5]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.