SEC Form 4 · accession 0001140361-16-048582
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
Rhino Energy Holdings LLC
10% Owner
Wexford GP LLC
10% Owner
Period of report
Jan 21, 2016
Accepted (ET)
Jan 25, 2016 · 5:02 pm EST
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 | Jan 21, 2016 | S | 159,216 | $0.5171 | D | 0 | D | |
| Common UnitsF2,F1 | Jan 21, 2016 | S | 6,010,265 | $0.5171 | D | 0 | I | See Footnotes |
| Common UnitsF5 | Jan 21, 2016 | S | 599,631 | $0.5171 | D | 0 | I | See Footnote |
| Common UnitsF3 | holding | — | — | — | 486,744 | I | See Footnote | |
| Common UnitsF4 | holding | — | — | — | 140,966 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This form is jointly filed by Wexford Capital LP ("Wexford"), Charles E. Davidson ("Davidson"), Joseph M. Jacobs ("Jacobs"), Wexford GP LLC ("Wexford GP") and Rhino Energy Holdings LLC ("REH"). The common units shown as beneficially owned by Davidson, Jacobs, Wexford GP and Wexford, reflect common units that were owned of record by 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 (2) below).
- F2(*continued from Footnote (1) 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.
- F3Davidson, as the sole managing member of CD Holding Company, LLC and the beneficial owner of Polycomp Trust Company Custodian FBO Charles E. Davidson Roth IRA #044746R owns these units.
- F4Jacobs, individually, and as a member of J Jacobs Holdings LLC owns these units.
- F5Rhino Resource Holdings LLC ("RRH") used to own the common units reported on this line. 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.
Remarks
The Form 4's filed on January 5, 2016 by the Reporting Persons, Mark D. Zand, Arthur H. Amron and Kenneth A. Rubin were filed in anticipation of a distribution of common units and subordinated units that did not occur. Therefore, those reported transactions did not in fact occur.