4//SEC Filing
Nunez Craig W 4
Accession 0001171486-24-000050
CIK 0001171486other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:06 PM ET
Size
13.6 KB
Accession
0001171486-24-000050
Insider Transaction Report
Form 4
Nunez Craig W
President and COO
Transactions
- Exercise/Conversion
COMMON UNITS
2024-02-15+43,858→ 106,598 total - Tax Payment
COMMON UNITS
2024-02-15$86.91/sh−17,258$1,499,893→ 89,340 total - Exercise/Conversion
PHANTOM UNITS
2024-02-15+13,808→ 0 total→ COMMON UNITS (13,808 underlying) - Exercise/Conversion
PHANTOM UNITS
2024-02-15+15,258→ 15,259 total→ COMMON UNITS (15,258 underlying) - Exercise/Conversion
PHANTOM UNITS
2024-02-15+14,792→ 29,587 total→ COMMON UNITS (14,792 underlying)
Footnotes (4)
- [F1]Common units were issued upon conversion of phantom units previously awarded under the issuer's long-term incentive plan ("LTIP") as further described in notes (2), (3) and (4) below.
- [F2]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2021 under the issuer's LTIP. One-third of the phantom units vested on the third anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date.
- [F3]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2022 under the issuer's LTIP. One-third of the phantom units vested on the second anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2022 award will vest on the third anniversary of the grant date.
- [F4]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2023 under the issuer's LTIP. One-third of the phantom units vested on the first anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2023 award will vest in substantially equal installments on the second and third anniversaries of the grant date.
Documents
Issuer
NATURAL RESOURCE PARTNERS LP
CIK 0001171486
Entity typeother
Related Parties
1- filerCIK 0001350890
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:06 PM ET
- Size
- 13.6 KB