SEC Form 4 · accession 0001637558-16-000055
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
May 12, 2016
Accepted (ET)
May 16, 2016 · 4:31 pm EDT
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 | — | May 12, 2016 | A | 139 | A | — | — | Phantom Units (rights to common units) | 139 | 10,058 | 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 were acquired from the Issuer through dividend equivalent rights that accrued on outstanding phantom units and are subject to the same terms as the phantom units to which they relate.
Remarks
The Reporting Person is a director 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.