SEC Form 4 · accession 0001412347-17-000027
Westmoreland Resource Partners, LP · WMLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert T Clutterbuck
Director
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 6:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001412347
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 UnitsF1,F2 | — | May 17, 2017 | A | 16,448 | A | Mar 2, 2018 | — | Common Units (representing limited partner interests) | 16,448 | 16,448 | D |
Explanation of responses
- F1Each Phantom Unit is the economic equivalent of one common unit.
- F2The phantom units do not expire. The phantom units are settled upon vesting in common units (on a one-for-one basis) or in cash, at the discretion of the Issuer.
Remarks
The Reporting Person is a director of Westmoreland Resources GP LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.