MGP II, LLC 4
4 · ALLIANCE RESOURCE PARTNERS LP · Filed Jun 4, 2018
Insider Transaction Report
Form 4
MGP II, LLC
Director10% Owner
Transactions
- Disposition to Issuer
Common Unit
2018-05-31−56,100,000→ 0 total
Footnotes (3)
- [F1]MGP II, LLC ("MGP II"), Alliance Holdings GP, L.P. ("AHGP") and Alliance Resource Partners, L.P. ("ARLP"), among others, are parties to the Simplification Agreement, dated February 22, 2018 (the "Simplification Agreement").
- [F2]Pursuant to the Simplification Agreement, MGP II distributed (a) 99.999% of the 56,100,000 common units representing limited partner interests in ARLP (the "ARLP Common Units") to AHGP and (b) 0.001% of the 56,100,000 ARLP Common Units to ARM GP Holdings, Inc. ("ARMH"), which ARMH then distributed to AHGP. Thereafter, the common units representing limited partner interests in AHGP (the "AHGP Common Units") were canceled and converted into the right to receive all of the ARLP Common Units held by AHGP and its subsidiaries.
- [F3]Pursuant to the Simplification Agreement, all AHGP Common Units were canceled and converted into the right to receive all of the ARLP Common Units held by AHGP and its subsidiaries. Based on a formula calculated pursuant to the Simplification Agreement, the exchange ratio was 1.478181161 ARLP Common Units for each AHGP Common Unit.