Moravec Christopher N 4

4 · Rhino Resource Partners LP · Filed Apr 18, 2011

Form 4

Period: 2011-04-14

Sr. VP - Business Development

Transactions

Exercise/Conversion
Phantom Units with DERs
2011-04-14−1,220→ 6,097 total
From: 2011-04-14Exp: 2011-04-14→ Common units (1,220 underlying)
Exercise/Conversion
Common Units representing limited partner interests
2011-04-14+1,220→ 1,220 total
Tax Payment
Common Units representing limited partner interests
2011-04-14$24.90/sh−430$10,707→ 790 total
Disposition to Issuer
Common units representing limited partner interests
2011-04-14$24.90/sh+790$19,671→ 0 total

Footnotes (2)

[F1]Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in Rhino Resource Partners LP (the "Partnership") and is accompanied by a Distribution Equivalent Right entitling the holder to an amount of cash equal to the value of any cash distribution paid on each of the Partnership's common units during the period in which the Phantom Unit is held. One-sixth of the Phantom Units vests every six months, beginning with the six-month anniversary of the date of the grant. On April 13, 2011, the compensation committee determined to settle 1,220 of the reporting person's phantom units for cash.
[F2]Represents common units withheld pursuant to a mandatory tax withholding obligation.

Documents

1 file