Claro Galdino J. 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 14, 2020
Insider Transaction Report
Form 4
Claro Galdino J.
Director
Transactions
- Award
Phantom Units
2020-02-13+4,931→ 4,931 total→ Common Units (4,931 underlying)
Footnotes (1)
- [F1]Phantom units were awarded under the Issuer's 2017 Long-Term Incentive Plan. Each phantom unit represents the right to receive one common unit, together with tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the Issuer on each common unit will accrue over the vesting period and be paid in cash upon settlement. These phantom units will vest on the one-year anniversary of the issuance date.