ALLIANCE RESOURCE PARTNERS LP — Director's Dealing 2017

Jan 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLIANCE RESOURCE PARTNERS LP (ARLP)
CIK: 0001086600
Period of Report: 2017-01-25

Reporting Person: CRAFT JOSEPH W III (Director, President and Chief Executive, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-25	Phantom unit	$	A	75	Acquired		Common unit (75)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Unit	357452	Direct
Common Unit	2000	Indirect
Common Unit	31088338	Indirect

Footnotes

F1: The Phantom units are to be settled in ARLP common units upon the reporting person's death or termination.

F2: 1 for 1

F3: Not applicable

F4: The reporting person indirectly holds 31,088,338 Common Units of ARLP though Alliance Holdings GP, L.P. ("AHGP"). Craft is a director, and through his ownership of C-Holdings, LLC, the sole owner of Alliance GP, LLC, the general partner of AHGP, and holds, directly or indirectly, a majority of the outstanding AHGP Common Units. AHGP owns 41.8% of the Common Units of ARLP. Craft disclaims beneficial ownership of the Common Units of ARLP held by AHGP except to the extent of his pecuniary interest therein.