SEC Form 4 · accession 0001567619-18-007929
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
Dec 11, 2018
Accepted (ET)
Dec 13, 2018 · 5:04 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 | Dec 11, 2018 | M | 5,853 | — | A | 9,808 | D | |
| Common UnitsF2 | Dec 11, 2018 | F | 2,304 | $38.28 | D | 7,504 | D | |
| Common UnitsF3 | Dec 11, 2018 | M | 893 | — | A | 8,397 | D | |
| Common UnitsF3 | Dec 11, 2018 | D | 893 | $35.99 | D | 7,504 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1 | — | Dec 11, 2018 | M | 5,853 | D | — | — | Common Units | 5,853 | 0 | D |
| Phantom UnitsF3 | — | Dec 11, 2018 | M | 893 | D | — | — | Common Units | 893 | 0 | D |
Explanation of responses
- F1Represents phantom units awarded under the Issuer's 2017 Long-Term Incentive Plan that converted into common units on a one-for-one basis together with accrued distribution equivalent rights. The reporting person's phantom units became vested and settled in connection with the Issuer's sale of VantaCore Partners LLC on December 11, 2018.
- F2Represents the closing price of the Issuer's common units on December 11, 2018.
- F3The common units were deemed to have been purchased and sold on December 11, 2018, the date of vesting of the phantom units and were paid in cash on a one-for-one basis using the average closing price of the common units for the 20 trading days immediately preceding the date of vesting, together with accrued distribution equivalent rights.