SEC Form 4 · accession 0001140361-18-008268
NATURAL RESOURCE PARTNERS LP · NRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Perry W Donahoo
Officer — CEO of VantaCore
Period of report
Feb 14, 2018
Accepted (ET)
Feb 14, 2018 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171486
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF3 | — | Feb 14, 2018 | A | 5,853 | A | Feb 14, 2021 | Feb 14, 2021 | Common Units | 5,853 | 5,853 | D |
| Phantom UnitsF1,F2 | — | holding | — | — | — | Feb 11, 2019 | Feb 11, 2019 | Common Units | 893 | 893 | D |
Explanation of responses
- F1These 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.
- F2Award 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.
- F3Represents phantom units awarded under the issuer's 2017 Long-Term Incentive Plan. Each phantom unit represents the right to receive one common unit upon vesting and includes the right to receive 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 in cash upon vesting.