SEC Form 4 · accession 0001179110-17-010842
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
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 10:01 am EDT
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 UnitF4,F5 | Jul 28, 2017 | J | 56,100,000 | — | A | 87,188,338 | I | By Alliance Holdings GP, L.P. |
| Common UnitF4,F5 | Jul 28, 2017 | J | 7,181 | — | A | 7,181 | I | By Alliance Resource GP, LLC |
| Common Unit | holding | — | — | — | 357,452 | D | ||
| Common Unit | holding | — | — | — | 2,000 | I | By son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom unitF1,F2,F3 | — | holding | — | — | — | — | — | Common unit | 201,103 | 201,103 | D |
Explanation of responses
- F11 for 1
- F2The Phantom units are to be settled in ARLP common units upon the reporting person's death or termination.
- F3Not applicable
- F4On July 28, 2017, (i) Alliance Resource Management GP, LLC ("MGP") contributed to Alliance Resource Partners, L.P. ("ARLP") all of its incentive distribution rights representing non-voting interests in ARLP together with its 0.99% general partner interest in ARLP in exchange for a non-economic general partner interest in ARLP and 56,100,000 common units representing limited partner interests in ARLP, and (ii) Alliance Resource GP, LLC ("SGP") contributed to ARLP its 0.01% general partner interest in ARLP and its 0.01% general partner interest in Alliance Resource Operating Partners, L.P. in exchange for 7,181 common units of ARLP. MGP then distributed its 56,100,000 common units of ARLP to its sole member MGP II, LLC ("MGP II").
- F5Mr. Craft indirectly wholly owns Alliance GP, LLC, the general partner of AHGP, which wholly owns MGP II and directly owns 31,088,338 common units of ARLP. Mr. Craft and Kathleen S. Craft jointly own SGP. Mr. Craft disclaims beneficial ownership of the common units of ARLP held by AHGP, MGP II and SGP except to the extent of his pecuniary interest therein.