Claro Galdino J. 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 25, 2022
Insider Transaction Report
Form 4
Claro Galdino J.
Director
Transactions
- Exercise/Conversion
Common Units
2022-02-23+6,077→ 15,122 total - Exercise/Conversion
Phantom Units
2022-02-23+6,077→ 0 total→ Common Units (6,077 underlying)
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 2021. 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.