SEC Form 4 · accession 0001179110-17-002495
ALLIANCE RESOURCE PARTNERS LP · ARLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Craft III
Officer — President and Chief Executive · Director · 10% Owner
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 9:29 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 Unit | holding | — | — | — | 357,452 | D | ||
| Common Unit | holding | — | — | — | 2,000 | I | By son | |
| Common UnitF4 | holding | — | — | — | 31,088,338 | I | By Alliance Holdings GP, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom unitF3,F2,F1 | — | Feb 14, 2017 | A | 3,567 | A | — | — | Common unit | 3,567 | 197,329 | D |
Explanation of responses
- F1The Phantom units are to be settled in ARLP common units upon the reporting person's death or termination.
- F21 for 1
- F3Not applicable
- F4The reporting person indirectly holds 31,088,338 Common Units of ARLP though Alliance Holdings GP, L.P. ("AHGP"). Craft is a director, and through his ownership of C-Holdings, LLC, the sole owner of Alliance GP, LLC, the general partner of AHGP, and holds, directly or indirectly, a majority of the outstanding AHGP Common Units. AHGP owns 41.7% of the Common Units of ARLP. Craft disclaims beneficial ownership of the Common Units of ARLP held by AHGP except to the extent of his pecuniary interest therein.