WOOTEN GREGORY F 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 8, 2024
Insider Transaction Report
Form 4
WOOTEN GREGORY F
Executive Vice President
Transactions
- Award
Phantom Units
2024-02-07+1,244→ 1,244 total→ Common Units (1,244 underlying)
Footnotes (2)
- [F1]Represents phantom units awarded under the issuer's 2017 Long-Term Incentive Plan. Each phantom unit represents the right to receive one common unit upon vesting and includes the right to receivetandem 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 in cash upon vesting.
- [F2]The phantom units will vest in three substantially equal annual installments beginning on February 7, 2025.