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ALLIANCE RESOURCE PARTNERS LP — Director's Dealing 2016
Feb 16, 2016
31325_dirs_2016-02-16_0807c16e-578f-4b70-9068-7fad19fb9830.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALLIANCE RESOURCE PARTNERS LP (ARLP)
CIK: 0001086600
Period of Report: 2016-02-11
Reporting Person: CANTRELL BRIAN L (Senior VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-11 | Common Unit | M | 14334 | — | Acquired | 94100 | Direct |
| 2016-02-11 | Common unit | F | 4945 | $12.38 | Disposed | 89155 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-12 | Phantom unit | $ | A | 736 | Acquired | Common Unit (736) | Direct | |
| 2016-02-11 | Restricted unit | $ | M | 14334 | Disposed | Comon units (14334) | Direct |
Footnotes
F1: 1 for 1
F2: Not applicable
F3: The Phantom units are to be settled in ARLP common units upon the reporting person's death or termination.
F4: On January 22, 2016, our Compensation Committee determined that the vesting requirements for the 2013 Long-Term Incentive Plan grants had been satisfied. As a result restricted units were determined to be vested effective January 1, 2016 and subsequently issued on February 11, 2016 based upon an ARLP unit price of $12.38.
F5: Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $12.38.