SEC Form 4 · accession 0000899243-19-002277
CONSOL Coal Resources LP · CCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Rothka
Officer — SEE REMARKS
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 7:12 pm 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 29, 2019 | M | 1,477 | $0.00 | A | 3,797 | D | |
| Common Units (Limited Partner Interests)F1 | Jan 29, 2019 | F | 499 | $18.10 | D | 3,298 | D | |
| Common Units (Limited Partner Interests) | Jan 31, 2019 | M | 616 | $0.00 | A | 3,914 | D | |
| Common Units (Limited Partner Interests)F1 | Jan 31, 2019 | F | 208 | $18.58 | D | 3,706 | 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)F2,F3,F4 | — | Jan 29, 2019 | M | 1,477 | D | — | — | Common Units (Limited Partner Interests) | 1,477 | 0 | D |
| Phantom Units (rights to common units)F2,F5,F4 | — | Jan 31, 2019 | M | 616 | D | — | — | Common Units (Limited Partner Interests) | 616 | 615 | D |
Explanation of responses
- F1Represents common units withheld to satisfy the reporting person's tax liability from the vesting of phantom units previously granted to him.
- F2Each phantom unit was the economic equivalent of one common unit.
- F31,477 phantom units vested and settled on January 29, 2019.
- F4The 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.
- F5616 phantom units vested and settled on January 31, 2019. The remaining 615 phantom units vest on January 31, 2020.
Remarks
The reporting person is the Chief Accounting Officer 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.