4//SEC Filing
Nunez Craig W 4
Accession 0001567619-22-005623
CIK 0001171486other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:14 PM ET
Size
14.0 KB
Accession
0001567619-22-005623
Insider Transaction Report
Form 4
Nunez Craig W
President and COO
Transactions
- Exercise/Conversion
Common Units
2022-02-23+42,305→ 54,402 total - Tax Payment
Common Units
2022-02-23$35.62/sh−16,647$592,966→ 37,755 total - Exercise/Conversion
Phantom Units
2022-02-23+15,749→ 0 total→ Common Units (15,749 underlying) - Exercise/Conversion
Phantom Units
2022-02-23+12,749→ 12,750 total→ Common Units (12,749 underlying) - Exercise/Conversion
Phantom Units
2022-02-23+13,807→ 27,616 total→ Common Units (13,807 underlying)
Footnotes (4)
- [F1]Common units were issued upon conversion of phantom units previously awarded under the issuer's long-term incentive plan ("LTIP") as further described in notes (2), (3) and (4) below.
- [F2]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2019 under the issuer's LTIP. Phantom units vested on the third anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date.
- [F3]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2020 under the issuer's LTIP. One-third of the phantom units vested on the second anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2020 award will vest on the third anniversary of the grant date.
- [F4]Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2021 under the issuer's LTIP. One-third of the phantom units vested on the first anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2021 award will vest in substantially equal installments on the second and third anniversaries of the grant date.
Documents
Issuer
NATURAL RESOURCE PARTNERS LP
CIK 0001171486
Entity typeother
Related Parties
1- filerCIK 0001350890
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:14 PM ET
- Size
- 14.0 KB