PENN VIRGINIA RESOURCE PARTNERS L P 4
4 · PENN VIRGINIA RESOURCE PARTNERS L P · Filed Feb 13, 2012
Insider Transaction Report
Form 4
MCNAIR FORREST W
VP and Controller
Transactions
- Exercise/Conversion
Common Units
2012-02-09+1,968→ 21,964 total - Tax Payment
Common Units
2012-02-09$25.89/sh−603$15,612→ 21,361 total - Exercise/Conversion
Phantom Units
2012-02-09−1,968→ 14,436 totalExercise: $0.00→ Common Units (1,968 underlying)
Footnotes (4)
- [F1]Common Units withheld pursuant to exercise of tax withholding right under the terms of the Penn Virginia Resource GP, LLC Long-Term Incentive Plan to cover taxes payable upon vesting of Phantom Units reported in Table II. Penn Virginia Resource GP, LLC is the general partner of the Issuer.
- [F2]Closing price for the Issuer's Common Units on February 9, 2012, the vesting date.
- [F3]Each Phantom Unit represents the right to receive one unit of the Issuer's Common Units upon vesting.
- [F4]Vesting of Long-Term Incentive Plan Phantom Units in accordance with reporting person's February 9, 2011 Phantom Unit Award. Each Phantom Unit represents the right to receive one unit of the Issuer's Common Units upon vesting.