SEC Form 4 · accession 0001575051-16-000158
Ciner Resources LP · CINR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
OCI Wyoming Holding Co.
10% Owner
OCI Chemical Corp
10% Owner
Turgay Ciner
10% Owner
Ciner Enterprises Inc.
10% Owner
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 9:23 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575051
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1 | Nov 14, 2016 | C | 9,775,500 | — | A | 14,551,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subordinated Units representing limited partner interestsF1,F2 | — | Nov 14, 2016 | C | 9,775,500 | A | — | — | Common units representing limited partner interests | 9,775,500 | 0 | D |
Explanation of responses
- F1Represents the conversion of 9,775,500 Subordinated Units representing limited partner interests (the "Subordinated Units") in Ciner Resources LP (the "Issuer"), which were converted into Common Units representing limited partner interests on a one-for-one basis upon the termination of the subordination period as set forth in the First Amended and Restated Agreement of Limited Partnership of the Issuer, dated as of September 18, 2013, as amended. The Subordinated Units had no expiration date.
- F2This Form 4 is being filed jointly by Ciner Wyoming Holding Co. ("Ciner Holding"), Ciner Resources Corporation ("Ciner Resources"), Ciner Enterprises Inc. ("Ciner Enterprises"), Akkan Enerji ve Madencilik Anonim Sirketi ("Akkan"), and Turgay Ciner ("Mr. Ciner"). Ciner Resources directly owns all of the ownership interests of Ciner Holding. Ciner Enterprises directly owns all of the ownership interests of Ciner Resources. Akkan directly owns all of the ownership interests of Ciner Enterprises. Mr. Ciner directly owns all of the ownership interests of Akkan. Ciner Resources, Ciner Enterprises, Akkan and Mr. Ciner may therefore be deemed to beneficially own securities of the Issuer owned directly by Ciner Holding.