SEC Form 4 · accession 0001140361-15-045108
NATURAL RESOURCE PARTNERS LP · NRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Hartz
Officer — VP, Oil and Gas
Period of report
Jan 31, 2014
Accepted (ET)
Dec 18, 2015 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171486
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1,F2 | Jan 31, 2014 | P | 26 | $15.539 | A | 1,165 | D | |
| Common UnitsF1,F2 | May 14, 2014 | P | 27 | $15.383 | A | 1,192 | D | |
| Common UnitsF1,F2 | Aug 14, 2014 | P | 26 | $16.229 | A | 1,218 | D | |
| Common UnitsF1,F2 | Nov 14, 2014 | P | 33 | $12.782 | A | 1,251 | D | |
| Common UnitsF1,F2 | Feb 13, 2015 | P | 51 | $8.572 | A | 1,302 | D | |
| Common UnitsF1,F2 | May 14, 2015 | P | 23 | $5.061 | A | 1,325 | D | |
| Common UnitsF1,F2 | Aug 14, 2015 | P | 43 | $2.737 | A | 1,368 | D | |
| Common UnitsF3 | Oct 29, 2015 | D | 1,368 | $1.6849 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF4,F5,F6 | — | holding | — | — | — | Feb 14, 2016 | Feb 14, 2016 | Common Units | 4,000 | 4,000 | D |
| Phantom UnitsF4,F5,F6 | — | holding | — | — | — | Feb 13, 2017 | Feb 13, 2017 | Common Units | 4,000 | 4,000 | D |
| Phantom UnitsF4,F5,F6 | — | holding | — | — | — | Feb 12, 2018 | Feb 12, 2018 | Common Units | 4,200 | 4,200 | D |
| Phantom UnitsF4,F5,F6 | — | holding | — | — | — | Feb 11, 2019 | Feb 11, 2019 | Common Units | 9,500 | 9,500 | D |
Explanation of responses
- F1Purchase made pursuant to an automatic distribution reinvestment feature in the reporting person's brokerage account.
- F2These common units were owned jointly with Mr. Hartz's spouse.
- F3These common units were inadvertently disposed of by the reporting person's broker.
- F4The phantom units were originally granted to the reporting person under the issuer's long term incentive plan.
- F5The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
- F6Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each unit will be accrued over the vesting period and paid on vesting.