4//SEC Filing
NATURAL RESOURCE PARTNERS LP 4
Accession 0001140361-17-007821
$NRPCIK 0001171486operating
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 7:12 PM ET
Size
14.4 KB
Accession
0001140361-17-007821
Insider Transaction Report
Form 4
HOGAN WYATT L
VP and General Counsel
Transactions
- Exercise/Conversion
Phantom Units
2017-02-13−1,600→ 0 totalFrom: 2017-02-13Exp: 2017-02-13→ Common Units (1,600 underlying) - Exercise/Conversion
Common Units
2017-02-13+1,600→ 2,700 total - Disposition to Issuer
Common Units
2017-02-13$36.54/sh−1,600$58,460→ 1,100 total
Holdings
- 50(indirect: By Trust)
Common Units
- 50(indirect: By Trust)
Common Units
- 50(indirect: By Trust)
Common Units
- 1,680
Phantom Units
From: 2018-02-12Exp: 2018-02-12→ Common Units (1,680 underlying) - 1,800
Phantom Units
From: 2019-02-11Exp: 2019-02-11→ Common Units (1,800 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, together with accrued distribution equivalent rights.
- [F2]Mr. Hogan is the trustee of the Anna Margaret Hogan 2002 Trust, the Alice Elizabeth Hogan 2002 Trust and the Ellen Catlett Hogan 2005 Trust. Mr. Hogan's children are the beneficiaries of these trusts. Mr. Hogan disclaims beneficial ownership of these securities.
- [F3]The phantom units were granted to the reporting person under the Issuer's long-term incentive plan. All phantom unit numbers have been adjusted to reflect the issuer's 1-for-10 reverse unit split completed in February 2016.
- [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, together with accrued distribution equivalent rights.
Documents
Issuer
NATURAL RESOURCE PARTNERS LP
CIK 0001171486
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001171486
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 7:12 PM ET
- Size
- 14.4 KB