SEC Form 4 · accession 0001179110-19-001731
ALLIANCE RESOURCE PARTNERS LP · ARLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Whelan
Officer — Senior Vice President Sales
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 9:12 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, 2019 | M | 39,256 | — | A | 62,482 | D | |
| Common unitF3 | Feb 8, 2019 | F | 11,760 | $19.67 | D | 50,722 | 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, 2019 | M | 39,256 | D | Feb 8, 2019 | — | Common unit | 39,256 | 0 | D |
Explanation of responses
- F1Not applicable
- F2On 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.
- F3Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $19.67.