NATURAL RESOURCE PARTNERS LP 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 12, 2015
Insider Transaction Report
Form 4
Coker Dennis F
Vice President - Aggregates
Transactions
- Disposition to Issuer
Common Units
2015-02-10$8.95/sh−7,000$62,654→ 4,500 total - Exercise/Conversion
Phantom Units
2015-02-10−7,000→ 0 totalFrom: 2015-02-10Exp: 2015-02-10→ Common Units (7,000 underlying) - Exercise/Conversion
Common Units
2015-02-10+7,000→ 11,500 total - Award
Phantom Units
2015-02-11+9,500→ 9,500 totalFrom: 2019-02-11Exp: 2019-02-11→ Common Units (9,500 underlying)
Holdings
- 8,500
Phantom Units
From: 2016-02-14Exp: 2016-02-14→ Common Units (8,500 underlying) - 8,925
Phantom Units
From: 2018-02-12Exp: 2018-02-12→ Common Units (8,925 underlying) - 8,500
Phantom Units
From: 2017-02-13Exp: 2017-02-13→ Common Units (8,500 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.