Moravec Christopher N 4
4 · Rhino Resource Partners LP · Filed Oct 12, 2011
Insider Transaction Report
Form 4
Moravec Christopher N
Sr. VP - Business Development
Transactions
- Exercise/Conversion
Common Units representing limited partner interests
2011-10-07+1,220→ 1,220 total - Tax Payment
Common Units representing limited partner interests
2011-10-07$17.95/sh−364$6,534→ 856 total - Exercise/Conversion
Phantom Units with DERs
2011-10-07−1,220→ 4,877 totalFrom: 2011-10-07Exp: 2011-10-07→ Common Units (1,220 underlying)
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 distributions 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 October 7, 2011, 1,220 of the reporting person's Phantom Units were settled for an equal number of common units of the Partnership.
- [F2]Represents common units withheld purusant to mandatory tax withholding obligation.