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NATURAL RESOURCE PARTNERS LP Director's Dealing 2013

Dec 23, 2013

31999_dirs_2013-12-23_a4e71857-bb44-4d23-aaae-286a3ef996ff.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NATURAL RESOURCE PARTNERS LP (NRP)
CIK: 0001171486
Period of Report: 2013-12-17

Reporting Person: WOOTEN GREGORY F (VP, Chief Engineer)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Units $ 2014-02-11 Common Units (2200) Direct
Phantom Units $ 2015-02-10 Common Units (3000) Direct
Phantom Units $ 2016-02-14 Common Units (3300) Direct
Phantom Units $ 2017-02-13 Common Units (3300) Direct

Footnotes

F1: The phantom units were granted to the reporting person under the Issuer's long-term incentive plan.

F2: 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.

F3: 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.