Home/Filings/4/0001567619-25-000141
4//SEC Filing

Craig Kevin J 4

Accession 0001567619-25-000141

CIK 0001171486other

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 5:15 PM ET

Size

13.6 KB

Accession

0001567619-25-000141

Insider Transaction Report

Form 4
Period: 2025-02-11
Craig Kevin J
VP-Business Development
Transactions
  • Exercise/Conversion

    COMMON UNITS

    2025-02-11+9,09544,357 total
  • Tax Payment

    COMMON UNITS

    2025-02-11$102.72/sh3,852$395,67740,505 total
  • Exercise/Conversion

    PHANTOM UNITS

    2025-02-11+4,4290 total
    COMMON UNITS (4,429 underlying)
  • Exercise/Conversion

    PHANTOM UNITS

    2025-02-11+4,2524,254 total
    COMMON UNITS (4,252 underlying)
  • Exercise/Conversion

    PHANTOM UNITS

    2025-02-11+414830 total
    COMMON UNITS (414 underlying)
Footnotes (4)
  • [F1]Common units were issued upon conversion of phantom units previously awarded under the issuer's long-term incentive plan ("LTIP") as further described in notes (2), (3) and (4) below.
  • [F2]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2022 under the issuer's LTIP. One-third of the phantom units vested on the third 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.
  • [F3]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2023 under the issuer's LTIP. One-third of the phantom units vested on the second 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. The remaining phantom units under the 2023 award will vest on the third anniversary of the grant date.
  • [F4]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2024 under the issuer's LTIP. One-third of the phantom units vested on the first 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. The remaining phantom units under the 2024 award will vest in substantially equal installments on the second and third anniversaries of the grant date.

Issuer

NATURAL RESOURCE PARTNERS LP

CIK 0001171486

Entity typeother

Related Parties

1
  • filerCIK 0001322654

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 5:15 PM ET
Size
13.6 KB