ALLIANCE RESOURCE PARTNERS LP — Director's Dealing 2010

Feb 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLIANCE RESOURCE PARTNERS LP (ARLP)
CIK: 0001086600
Period of Report: 2010-02-12

Reporting Person: CANTRELL BRIAN L (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-12	Common Unit	M	5800	—	Acquired	22789	Direct
2010-02-12	Common unit	F	1946	$38.17	Disposed	20843	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-12	Restricted unit	$	M	5800	Disposed		Common unit (5800)	Direct
2010-02-12	Phantom unit	$	A	48	Acquired		Common Unit (48)	Direct

Footnotes

F1: 1 for 1

F2: Not applicable

F3: The Phantom units are to be settled in cash upon the reporting person's death or termination.

F4: On January 26, 2010 the Partnership's Compensation Committee determined that the vesting requirement for the 2007 Long-Term Incentive Plan grants had been satisfied. As a result restricted units were determined to be vested effective January 1, 2010 and subsequently issued on February 12, 2010 based upon the closing price of the common units at February 8, 2010 of $38.17.

F5: Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $38.17.