DAVIS BRUCE D JR 4
4 · PENN VIRGINIA RESOURCE PARTNERS L P · Filed Jul 2, 2012
Insider Transaction Report
Form 4
DAVIS BRUCE D JR
EVP and General Counsel
Transactions
- Exercise/Conversion
Phantom Units
2012-06-29−8,333→ 21,189 totalExercise: $0.00→ Common Units (8,333 underlying) - Exercise/Conversion
Common Units
2012-06-29+8,333→ 17,657 total - Tax Payment
Common Units
2012-06-29$24.50/sh−2,466$60,417→ 15,191 total
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 was $24.50 on June 29, 2012.
- [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 June 29, 2010 Phantom Unit Award. Each Phantom Unit represents the right to receive one unit of the Issuer's Common Units upon vesting.