Wallace Robert B 4
4 · PENN VIRGINIA RESOURCE PARTNERS L P · Filed Mar 26, 2012
Insider Transaction Report
Form 4
Wallace Robert B
EVP and CFO
Transactions
- Tax Payment
Common Units
2012-03-23$24.65/sh−983$24,231→ 11,686 total - Exercise/Conversion
Phantom Units
2012-03-23$24.65/sh−3,719$91,673→ 16,574 totalExercise: $0.00→ Common Units (3,719 underlying) - Exercise/Conversion
Common Units
2012-03-23$24.65/sh+3,719$91,673→ 12,669 total
Holdings
- 2,450(indirect: Held as Custodian for Minor)
Common Units
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 March 23, 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 March 23, 2010 Phantom Unit Award. Each Phantom Unit represents the right to receive one unit of the Issuer's Common Units upon vesting.