NATURAL RESOURCE PARTNERS LP — Director's Dealing 2010

Sep 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATURAL RESOURCE PARTNERS LP (NRP)
CIK: 0001171486
Period of Report: 2010-09-20

Reporting Person: MORIAN S REED (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-20	Common Units	A	1665343	—	Acquired	1899115	Direct
2010-09-20	Common Units	A	341376	—	Acquired	341376	Indirect
2010-09-20	Common Units	A	2811854	—	Acquired	2811854	Indirect

Footnotes

F1: The units reported as acquired by the reporting person on this report were initially acquired by entities in which the reporting person has an indirect ownership interest in exchange for incentive distribution rights in the Issuer. Immediately following that transaction, the units were distributed to the entities and the individual included in this report.