SEC Form 4 · accession 0001637558-16-000034
CONSOL Coal Resources LP · CCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha A Wiegand
Officer — SEE REMARKS
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 2:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001637558
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jan 29, 2016 | A | 9,494 | A | — | — | Phantom Units (rights to common units) | 9,494 | 9,494 | D |
Explanation of responses
- F1The 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.
- F2The phantom units vest: (i) 3,165 phantom units on January 29, 2017, (ii) 3,165 phantom units on January 29, 2018 and, (iii) 3,164 phantom units on January 29, 2019.
Remarks
The Reporting Person is the General Counsel and Secretary of CNX 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.