SEC Form 4 · accession 0001140361-15-037064
Rhino Resource Partners LP · RHNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Charles E Davidson
10% Owner
WEXFORD CAPITAL LP
Director · 10% Owner
Joseph Jacobs
10% Owner
Wexford GP LLC
10% Owner
Period of report
Oct 5, 2015
Accepted (ET)
Oct 7, 2015 · 4:24 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 UnitsF1 | Oct 5, 2015 | A | 121,952 | — | A | 159,216 | D | |
| Common UnitsF3,F2 | holding | — | — | — | 6,010,265 | I | See Footnotes | |
| Common UnitsF4 | holding | — | — | — | 486,744 | I | See Footnote | |
| Common UnitsF5 | holding | — | — | — | 140,966 | I | See Footnote | |
| Common UnitsF6 | holding | — | — | — | 599,631 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Under the Rhino Long-Term Incentive Plan (the "Plan"), on October 5, 2015, Wexford on behalf of the services of Mark D. Zand, Arthur H. Amron, Philip Braunstein and Kenneth A. Rubin was granted an additional 121,952 common units subject to the terms and conditions set forth in the Plan. These additional units are subject to vesting as follows: 30,488 units vested on the grant date, 30,488 units will vest on January 1, 2016, 30,488 will vest on April 1, 2016 and 30,488 units will vest on July 1, 2016.
- F2This form is jointly filed by Wexford Capital LP ("Wexford"), Charles E. Davidson ("Davidson"), Joseph M. Jacobs ("Jacobs") and Wexford GP LLC ("Wexford GP"). The common units shown as beneficially owned by Davidson, Jacobs, Wexford GP and Wexford, reflect common units owned of record by Rhino Energy Holdings LLC ("REH"). Wexford serves as manager for REH and as such may be deemed to share beneficial ownership of the units beneficially owned by REH, but disclaims such beneficial ownership to the extent such beneficial ownership exceeds its pecuniary interest. (*continued under Footnote (3) below).
- F3(*continued from Footnote (2) above) Wexford GP, as the general partner of Wexford, may be deemed to share beneficial ownership of the units beneficially owned by REH, but disclaims such beneficial ownership to the extent such beneficial ownership exceeds its pecuniary interest. Messrs. Davidson and Jacobs, as the controlling persons of Wexford GP, may be deemed to share beneficial ownership of any units beneficially owned by REH for which Wexford serves as manager, but disclaim such beneficial ownership to the extent such beneficial ownership exceeds their pecuniary interest.
- F4Davidson, as the sole managing member of CD Holding Company, LLC, holds the common units.
- F5These common units are held as follows: Jacobs Holdings LLC holds 77,131 common units, Jacobs holds 49,585 common units and Jacobs IRA holds 14,250 common units.
- F6Rhino Resource Holdings LLC ("RRH") holds the common units. Wexford serves as manager for RRH and as such may be deemed to share beneficial ownership of the units beneficially owned by RRH, but disclaims such beneficial ownership to the extent such beneficial ownership exceeds its pecuniary interest. Wexford GP, as the general partner of Wexford, may be deemed to share beneficial ownership of the units beneficially owned by RRH, but disclaims such beneficial ownership to the extent such beneficial ownership exceeds its pecuniary interest. Messrs. Davidson and Jacobs, as the controlling persons of Wexford GP, may be deemed to share beneficial ownership of any units beneficially owned by RRH for which Wexford serves as manager, but disclaim such beneficial ownership to the extent such beneficial ownership exceeds their pecuniary interest.