SEC Form 4 · accession 0001104659-15-020771
Rhino Resource Partners LP · RHNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Boone
Officer — Executive VP and CFO
Period of report
Feb 27, 2015
Accepted (ET)
Mar 18, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490630
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 Units with DERsF1,F2 | — | Feb 27, 2015 | A | 4,386 | A | — | — | Common Units | 4,386 | 4,386 | D |
Explanation of responses
- F1Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in Rhino Resource Partners LP (the "Partnership") and is accompanied by a Distribution Equivalent Right entitling the holder to an amount of cash equal to the value of any cash distributions paid on each of the Partnership's common units during the period in which the Phantom Unit is held.
- F2One-third of the Phantom Units vests annually, beginning with the one-year anniversary of the date of grant. The annual vesting of the Phantom Units is subject to earlier vesting upon a change of control or a termination of the reporting person' s employment due to death or disability. In addition, upon a termination of the reporting person's employment without cause or for good reason, any Phantom Units scheduled to vest in the 12 month period following such termination will become immediately vested as of such termination date.