Donahoo Perry W 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Dec 13, 2018
Insider Transaction Report
Form 4
Donahoo Perry W
CEO of VantaCore
Transactions
- Exercise/Conversion
Common Units
2018-12-11+5,853→ 9,808 total - Tax Payment
Common Units
2018-12-11$38.28/sh−2,304$88,197→ 7,504 total - Exercise/Conversion
Common Units
2018-12-11+893→ 8,397 total - Disposition to Issuer
Common Units
2018-12-11$35.99/sh−893$32,139→ 7,504 total - Exercise/Conversion
Phantom Units
2018-12-11−5,853→ 0 total→ Common Units (5,853 underlying) - Exercise/Conversion
Phantom Units
2018-12-11−893→ 0 total→ Common Units (893 underlying)
Footnotes (3)
- [F1]Represents phantom units awarded under the Issuer's 2017 Long-Term Incentive Plan that converted into common units on a one-for-one basis together with accrued distribution equivalent rights. The reporting person's phantom units became vested and settled in connection with the Issuer's sale of VantaCore Partners LLC on December 11, 2018.
- [F2]Represents the closing price of the Issuer's common units on December 11, 2018.
- [F3]The common units were deemed to have been purchased and sold on December 11, 2018, the date of vesting of the phantom units and were paid in cash on a one-for-one basis using the average closing price of the common units for the 20 trading days immediately preceding the date of vesting, together with accrued distribution equivalent rights.