NATURAL RESOURCE PARTNERS LP 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 12, 2015
Insider Transaction Report
Form 4
WALL KEVIN F
Executive VP-Operations
Transactions
- Exercise/Conversion
Common Units
2015-02-10+9,000→ 12,500 total - Disposition to Issuer
Common Units
2015-02-10$8.95/sh−9,000$80,555→ 3,500 total - Exercise/Conversion
Phantom Units
2015-02-10−9,000→ 0 totalFrom: 2015-02-10Exp: 2015-02-10→ Common Units (9,000 underlying)
Holdings
- 500(indirect: By Brittany Wall, Daughter)
Common Units
- 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) - 10,500
Phantom Units
From: 2018-02-12Exp: 2018-02-12→ Common Units (10,500 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]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.
- [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.
- [F6]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.