SEC Form 4 · accession 0001637558-17-000009
CONSOL Coal Resources LP · CCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Altmeyer
Director · Other
Period of report
Jan 29, 2017
Accepted (ET)
Jan 31, 2017 · 6:55 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, 2017 | M | 7,595 | $0.00 | A | 14,058 | 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 29, 2017 | M | 7,595 | D | — | — | Common Units (Limited Partner Interests) | 7,595 | 0 | D |
| Phantom Units (rights to common units)F1,F4 | — | Jan 31, 2017 | A | 792 | A | — | — | Common Units (Limited Partner Interests) | 792 | 792 | 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.
- F27,595 phantom units vested on January 29, 2017.
- F3Each phantom unit was the economic equivalent of one common unit.
- F4792 phantom units vest on February 10, 2017.
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 executives officers of the General Partner.