SEC Form 4 · accession 0001650549-16-000045
ALLIANCE RESOURCE PARTNERS LP · ARLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cary P Marshall
Officer — VP Corporate Finance
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 1:43 pm 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 unitF4 | Feb 11, 2016 | M | 6,234 | — | A | 15,736 | D | |
| Common unitF5 | Feb 11, 2016 | F | 2,348 | $12.38 | D | 13,388 | D |
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 12, 2016 | A | 1,018 | A | — | — | Common unit | 1,018 | 21,047 | D |
| Restricted unitsF4,F3 | — | Feb 11, 2016 | M | 6,234 | D | Feb 11, 2016 | — | Common units | 6,234 | 0 | 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
- F4On January 22, 2016, our Compensation Committee determined that the vesting requirements for the 2013 Long-Term Incentive Plan grants had been satisfied. As a result restricted units were determined to be vested effective January 1, 2016 and subsequently issued on February 11, 2016 based upon an ARLP unit price of $12.38.
- F5Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $12.38.