Cline Christopher 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Jan 4, 2013
Insider Transaction Report
Form 4
Cline Christopher
10% Owner
Transactions
- Other
Common Units
2013-01-02+2,881,654→ 4,902,410 total
Footnotes (2)
- [F1]On January 2, 2013, Adena Minerals, LLC ("Adena") effected an in-kind distribution of 10,596,917 common units (the "Distributed Units") to its sole member, Foresight Reserves, L.P. ("Foresight"), for no additional consideration. Foresight immediately thereafter effected an in-kind distribution of all of the Distributed Units to its direct and indirect owners and certain of their affiliates, for no additional consideration, including the distribution of 2,881,654 of the Distributed Units to Christopher Cline, the reporting person, for no additional consideration. The Distributed Units had previously been indirectly beneficially owned by Christopher Cline through his being deemed to share voting and dispositive control over the common units held of record by Adena.
- [F2]The number of common units directly beneficially owned by the reporting person includes the 2,881,654 of the Distributed Units referenced in footnote (1) above, as well as 1,980,156 common units distributed to Christopher Cline, the reporting person, on October 2, 2012 that had been owned of record by Adena immediately prior to such distribution.