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NATURAL RESOURCE PARTNERS LP — Director's Dealing 2012
Feb 16, 2012
31999_dirs_2012-02-16_19c33c27-7e69-471b-a76b-48b1e88dda18.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NATURAL RESOURCE PARTNERS LP (NRP)
CIK: 0001171486
Period of Report: 2012-02-14
Reporting Person: WALL KEVIN F (Executive VP-Operations)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-14 | Phantom Units | $ | A | 10000 | Acquired | 2016-02-14 | Common Units (10000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Units | 1500 | Direct |
| Common Units | 500 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Units | $ | 2012-02-22 | Common Units (7000) | 7000 | Direct |
| Phantom Units | $ | 2013-02-12 | Common Units (8000) | 8000 | Direct |
| Phantom Units | $ | 2014-02-11 | Common Units (8000) | 8000 | Direct |
| Phantom Units | $ | 2015-02-10 | Common Units (9000) | 9000 | Direct |
Footnotes
F1: Mr. Wall disclaims beneficial ownership of these securities.
F2: The phantom units were originally granted to the reporting person under the issuer's long term incentive plan.
F3: The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting.
F4: Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each unit will be accrued over the vesting period and paid on vesting.