SEC Form 4 · accession 0001179110-17-002117
ALLIANCE RESOURCE PARTNERS LP · ARLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian L Cantrell
Officer — Senior VP and CFO
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 10:01 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001086600
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitF2 | Feb 8, 2017 | M | 14,968 | — | A | 104,123 | D | |
| Common unitF3 | Feb 8, 2017 | F | 5,029 | $23.25 | D | 99,094 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted unitF2,F1 | — | Feb 8, 2017 | M | 14,968 | D | Feb 8, 2017 | — | Comon units | 14,968 | 0 | D |
Explanation of responses
- F1Not applicable
- F2On January 25, 2017, our Compensation Committee determined that the vesting requirements for the 2014 Long-Term Incentive Plan grants had been satisfied. As a result restricted units were determined to be vested effective January 1, 2017 and subsequently issued on February 8, 2017 based upon an ARLP unit price of $23.25.
- F3Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $23.25.