MORIAN S REED 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Mar 2, 2021
Insider Transaction Report
Form 4
MORIAN S REED
Director
Transactions
- Exercise/Conversion
Phantom Units
2021-03-01+4,931→ 0 total→ Common Units (4,931 underlying) - Exercise/Conversion
Common Units
2021-03-01+4,931→ 220,484 total
Holdings
- 60,097(indirect: By Mocol Properties)
Common Units
- 344,863(indirect: By Shadder Investments)
Common Units
Footnotes (1)
- [F1]Common units were issued upon conversion of phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, previously awarded in February 2020. Phantom units vested on the one-year anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date.