ALLIANCE RESOURCE PARTNERS LP — Director's Dealing 2018

Jun 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLIANCE RESOURCE PARTNERS LP (ARLP)
CIK: 0001086600
Period of Report: 2018-05-31

Reporting Person: Whelan Timothy J (Senior Vice President Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-31	Common unit	A	3003	—	Acquired	23226	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom unit	$		Common Unit (5682)	5682	Direct

Footnotes

F1: 1 for 1

F2: The Phantom units are to be settled in ARLP common units upon the reporting person's death or termination.

F3: Not applicable

F4: The common units were acquired as consideration for the AHGP common units held by the reporting person immediately prior to the effectiveness of the transactions contemplated by the Simplification Agreement dated February 22, 2018 (the "Simplification Agreement"). Pursuant to the Simplification Agreement, all AHGP common units were canceled and converted into the right to receive all of the ARLP common units held by AHGP and its subsidiaries on May 31, 2018. Based on a formula calculated pursuant to the Simplification Agreement, the exchange ratio was 1.478181161 ARLP common units for each AHGP common unit.