SEC Form 4 · accession 0001179110-19-001726
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 8, 2019
Accepted (ET)
Feb 12, 2019 · 9:07 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 UnitF3 | Feb 8, 2019 | M | 78,555 | — | A | 19,333,122 | D | |
| Common UnitF4 | Feb 8, 2019 | F | 27,541 | $19.67 | D | 19,305,581 | D | |
| Common UnitF2 | holding | — | — | — | 28,141 | I | By Alliance Resource GP, LLC | |
| Common Unit | holding | — | — | — | 2,000 | I | By son | |
| Common Unit | holding | — | — | — | 168,602 | I | Through spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted unitF3,F1 | — | Feb 8, 2019 | M | 78,555 | D | Feb 8, 2018 | — | Common unit | 78,555 | 0 | D |
Explanation of responses
- F1Not applicable
- F2Mr. Craft and Kathleen S. Craft jointly own Alliance Resource GP, LLC ("SGP"). Mr. Craft disclaims beneficial ownership of the common units of ARLP held by SGP except to the extent of his pecuniary interest therein.
- F3On January 23, 2019, our Compensation Committee determined that the vesting requirements for the 2016 Long-Term Incentive Plan grants had been satisfied. As a result restricted units were determined to be vested effective January 1, 2019 and subsequently issued on February 8, 2019 based upon an ARLP unit price of $19.67.
- F4Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $19.67.