4//SEC Filing
NATURAL RESOURCE PARTNERS LP 4
Accession 0001140361-16-053752
$NRPCIK 0001171486operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:51 PM ET
Size
14.9 KB
Accession
0001140361-16-053752
Insider Transaction Report
Form 4
Gordy Russell D.
Director
Transactions
- Exercise/Conversion
Phantom Units
2016-02-14−3,700→ 0 totalFrom: 2016-02-14Exp: 2016-02-14→ Common Units (3,700 underlying) - Exercise/Conversion
Common Units
2016-02-14+3,700→ 3,700 total - Disposition to Issuer
Common Units
2016-02-14$1.03/sh−3,700$3,826→ 0 total
Holdings
- 50,000(indirect: By Minion Trail, Ltd.)
Common Units
- 3,700
Phantom Units
From: 2017-02-13Exp: 2017-02-13→ Common Units (3,700 underlying) - 3,885
Phantom Units
From: 2018-02-12Exp: 2018-02-12→ Common Units (3,885 underlying) - 4,100
Phantom Units
From: 2019-02-11Exp: 2019-02-11→ Common Units (4,100 underlying) - 20,000(indirect: By Rock Creek Ranch I, Ltd.)
Common Units
Footnotes (7)
- [F1]The common units were deemed to have been purchased and sold on the date of vesting of the phantom units listed in Table II, which were paid in cash on a one for one basis based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
- [F2]Gordy Oil Company is the general partner of Minion Trail, Ltd. Mr. Gordy is the President and sole stockholder of Gordy Oil Company.
- [F3]Mr. Gordy, together with his wife, Glenda J. Gordy, owns a majority interest in Rock Creek Ranch I, Ltd. The remaining portion is owned by his adult children.
- [F4]The phantom units were granted to the reporting person under the issuer's long term incentive plan.
- [F5]The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
- [F6]Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each unit will be accrued over the vesting period and paid on vesting.
- [F7]As described in Footnote 1, upon vesting, the phantom units were paid in cash on a one for one basis based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
Documents
Issuer
NATURAL RESOURCE PARTNERS LP
CIK 0001171486
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001171486
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:51 PM ET
- Size
- 14.9 KB