NATURAL RESOURCE PARTNERS LP 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 13, 2014
Insider Transaction Report
Form 4
DUNLAP DWIGHT L
CFO and Treasurer
Transactions
- Exercise/Conversion
Common Units
2014-02-11+8,000→ 28,836 total - Disposition to Issuer
Common Units
2014-02-11$15.81/sh−8,000$126,480→ 20,836 total - Exercise/Conversion
Phantom Units
2014-02-11−8,000→ 0 totalFrom: 2014-02-11Exp: 2014-02-11→ Common Units (8,000 underlying) - Award
Phantom Units
2014-02-12+10,500→ 10,500 totalFrom: 2018-02-12Exp: 2018-02-12→ Common Units (10,500 underlying)
Holdings
- 9,000
Phantom Units
From: 2015-02-10Exp: 2015-02-10→ Common Units (9,000 underlying) - 10,000
Phantom Units
From: 2016-02-14Exp: 2016-02-14→ Common Units (10,000 underlying) - 10,000
Phantom Units
From: 2017-02-13Exp: 2017-02-13→ Common Units (10,000 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, 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]The phantom units were granted to the reporting person under the issuer's long term incentive plan.
- [F3]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.
- [F4]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.
- [F5]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.