SEC Form 4 · accession 0001104659-16-119298
Rhino Resource Partners LP · RHNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Tuorto
Director
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490630
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interests | May 5, 2016 | A | 9,091 | $0.00 | A | 9,091 | D | |
| Common Units representing limited partner interestsF1 | holding | — | — | — | 6,676,912 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated UnitsF1 | $0.00 | holding | — | — | — | — | — | Common Units | 945,525 | 945,525 | I |
Explanation of responses
- F16,676,912 common units and 945,525 of the subordinated units shown as beneficially owned by William Tuorto reflect common units and subordinated units owned of record by Royal Energy Resource, Inc. ("Royal"). Mr. Tuorto serves as a director of Royal and as such may be deemed to share beneficial ownership of the units beneficially owned by Royal, but disclaims such beneficial ownership to the extent such beneficial ownership exceeds its pecuniary interests. The subordinated units will convert into common units on a one-for-one basis at the times set forth in, and subject to the terms and conditions of, the issuer's Partnership Agreement.