SMITH STEPHEN P 4
4 · NATURAL RESOURCE PARTNERS LP · Filed Feb 3, 2023
Insider Transaction Report
Form 4
SMITH STEPHEN P
Director
Transactions
- Award
Phantom Units
2023-02-01+2,267→ 2,267 total→ Common Units (2,267 underlying)
Footnotes (1)
- [F1]Phantom units were awarded and issued to the reporting person under the Issuer's 2017 Long-Term Incentive Plan. These phantom units will vest on one-year anniversary of the issuance date and at the reporting person's election will settle in common units on a one-for-one-basis 90 days following the reporting person's retirement or earlier resignation from the Board of Directors of the issuer. Distribution equivalent rights will accrue and be paid in cash upon settlement.