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4//SEC Filing

Westmoreland Resource Partners, LP 4

Accession 0001209191-15-001365

CIK 0001412347operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 6:15 PM ET

Size

13.6 KB

Accession

0001209191-15-001365

Insider Transaction Report

Form 4
Period: 2014-12-31
Transactions
  • Sale

    Subordinated Units (limited partner interests)

    2014-12-316,813,1600 total
Holdings
  • Common Units (limited partner interests)

    59,095
CARBONE MATTHEW P
Director10% Owner
Transactions
  • Sale

    Subordinated Units (limited partner interests)

    2014-12-316,813,1600 total
Holdings
  • Common Units (limited partner interests)

    59,095
Transactions
  • Sale

    Subordinated Units (limited partner interests)

    2014-12-316,813,1600 total
Holdings
  • Common Units (limited partner interests)

    59,095
McCown George Edwin
Director10% Owner
Transactions
  • Sale

    Subordinated Units (limited partner interests)

    2014-12-316,813,1600 total
Holdings
  • Common Units (limited partner interests)

    59,095
Transactions
  • Sale

    Subordinated Units (limited partner interests)

    2014-12-316,813,1600 total
Holdings
  • Common Units (limited partner interests)

    59,095
Footnotes (3)
  • [F1]The subordinated units (the "Subordinated Units") were sold in to Westmoreland Coal Company ("Westmoreland") in a private transaction, as part of Westmoreland's purchase of all of the outstanding subordinated units and warrants to purchase subordinated units of the Issuer and all outstanding equity interests in Oxford Resources GP, LLC ("Oxford GP"), the general partner of the Issuer (the "Transaction"). In the Transaction, AIM Oxford Holdings, LLC ("AIM Oxford") sold all of the Subordinated Units and all of its equity interest in Oxford GP (the "General Partner Interest") for total aggregate consideration of $14,668,635.56. The purchase prices for the Subordinated Units and the General Partner Interest were not separately determined.
  • [F2]The Common Units are, and the Subordinated Units were, held directly by AIM Oxford. AIM Coal Management, LLC ("AIM Management") is the managing member of AIM Oxford. The managing members of AIM Management, comprised of George E. McCown and Matthew P. Carbone, directors of the Issuer, and Robert B. Hellman Jr., have shared voting and investment power over the units held by AIM Oxford. AIM Management and Messrs. Carbone, Hellman and McCown, joint filers to this Form 4, may be deemed to indirectly own the units held by AIM Oxford, but disclaim beneficial ownership in these units except to the extent of their pecuniary interest therein.
  • [F3]Gives effect to a 12-to-1 reverse split of the Common Units that occurred in connection with the Transaction.

Issuer

Westmoreland Resource Partners, LP

CIK 0001412347

Entity typeoperating

Related Parties

1
  • filerCIK 0001412347

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:15 PM ET
Size
13.6 KB