Miller Joseph R. III 4
4 · Rhino Resource Partners LP · Filed Oct 12, 2011
Insider Transaction Report
Form 4
Miller Joseph R. III
VP, Secretary & Gen Counsel
Transactions
- Other
Common Units representing limited partner interests
2011-10-07$17.95/sh−570$10,232→ 0 total - Conversion
Phantom Units with DERs
2011-10-07−813→ 3,252 totalFrom: 2011-10-07Exp: 2011-10-07→ Common Units (813 underlying) - Conversion
Common Units representing limited partner interests
2011-10-07+813→ 813 total - Other
Common Units representing limited partner interests
2011-10-07$17.95/sh−243$4,362→ 570 total
Footnotes (2)
- [F1]Each Phantom Units is the economic equivalent of one common units 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, the board of directors of Rhino GP LLC determined to settle 813 of the reporting person's Phantom Units for cash.
- [F2]Represents common units withheld pursuant to a mandatory tax wittholding obligation.