SEC Form 4 · accession 0000899243-18-002780
CONSOL Coal Resources LP · CCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey L Wallace
Director · Other
Period of report
Jan 31, 2018
Accepted (ET)
Feb 5, 2018 · 6:06 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001637558
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests) | Jan 31, 2018 | M | 3,167 | $0.00 | A | 15,725 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Units (rights to common units)F1,F2,F3 | — | Jan 31, 2018 | M | 3,167 | D | — | — | Common Units (Limited Partner Interests) | 3,167 | 0 | D |
Explanation of responses
- F1Each phantom unit was the economic equivalent of one common unit.
- F23,167 phantom units vested and settled on January 31, 2018.
- F3The phantom units expire upon settlement. The phantom units are settled upon vesting in common units (on a one-for-one basis) or, at the discretion of the Issuer, in cash.
Remarks
The reporting person is a director of CONSOL Coal Resources GP LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.