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NATURAL RESOURCE PARTNERS LP — Director's Dealing 2013
May 22, 2013
31999_dirs_2013-05-22_f5a081c1-4d20-4386-b16d-5afcdadf6dd6.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: 2013-05-21
Reporting Person: ROBERTSON CORBIN J III (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-21 | Phantom Units | $ | A | 3475 | Acquired | 2014-02-11 | Common Units (3475) | Direct |
| 2013-05-21 | Phantom Units | $ | A | 3580 | Acquired | 2015-02-10 | Common Units (3580) | Direct |
| 2013-05-21 | Phantom Units | $ | A | 3700 | Acquired | 2016-02-14 | Common Units (3700) | Direct |
| 2013-05-21 | Phantom Units | $ | A | 3700 | Acquired | 2017-02-13 | Common Units (3700) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Units | 1487619 | Direct |
| Common Units | 387 | Indirect |
| Common Units | 50461 | Indirect |
| Common Units | 26231 | Indirect |
Footnotes
F1: Corbin J. Robertson III shares beneficial ownership of 23,873 common units with his spouse, Brooke Robertson.
F2: Corbin J. Robertson III disclaims beneficial ownership of these common units, and this report shall not be deemed an admission that Corbin J. Robertson III is the beneficial owner of such common units for purposes of Section 16 or for any other purpose.
F3: The beneficiary of The Corbin James Robertson III 2009 Family Trust is the family of Corbin J. Robertson III. Corbin J. Robertson III is the Trust Advisor for The Corbin James Robertson III 2009 Family Trust and may be deemed to beneficially own the common units owned by The Corbin James Robertson III 2009 Family Trust.
F4: Corbin J. Robertson III is the controlling Manager of CIII Capital Management, LLC and may be deemed to beneficially own the common units owned by CIII Capital Management, LLC.
F5: The phantom units were granted to the reporting person under the issuer's long-term incentive plan.
F6: 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.
F7: The phantom units will be paid in cash based on the average closing price of the common units for the 20 trading days immediately prior to the date of vesting.