0001140361-17-007826.txt : 20170215
0001140361-17-007826.hdr.sgml : 20170215
20170215191401
ACCESSION NUMBER: 0001140361-17-007826
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170213
FILED AS OF DATE: 20170215
DATE AS OF CHANGE: 20170215
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NATURAL RESOURCE PARTNERS LP
CENTRAL INDEX KEY: 0001171486
STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE SURFACE MINING [1221]
IRS NUMBER: 352164875
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1201 LOUISIANA STREET, SUITE 3400
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-751-7507
MAIL ADDRESS:
STREET 1: 1201 LOUISIANA STREET, SUITE 3400
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KARN ROBERT B III
CENTRAL INDEX KEY: 0001200403
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31465
FILM NUMBER: 17616079
MAIL ADDRESS:
STREET 1: NATURAL RESOURCE PARTNERS LP
STREET 2: 601 JEFFERSON ST STE 3600
CITY: HOUSTON
STATE: TX
ZIP: 77002
4
1
doc1.xml
FORM 4
X0306
4
2017-02-13
0
0001171486
NATURAL RESOURCE PARTNERS LP
NRP
0001200403
KARN ROBERT B III
3709 ASCOT BEND COURT
BONITO SPRINGS
FL
34134
1
0
0
0
Common Units
2017-02-13
4
M
0
370
A
870
D
Common Units
2017-02-13
4
D
0
370
36.5375
D
500
D
Phantom Units
2017-02-13
4
M
0
370
D
2017-02-13
2017-02-13
Common Units
370
0
D
Phantom Units
2018-02-12
2018-02-12
Common Units
389
389
D
Phantom Units
2019-02-11
2019-02-11
Common Units
410
410
D
The common units were deemed to have been purchased and sold on the date of vesting of the phantom units listed in Table II, which were paid in cash on a one for one basis based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting, together with accrued distribution equivalent rights.
The phantom units were originally granted to the reporting person under the issuer's long term incentive plan. All phantom unit numbers have been adjusted to reflect the issuer's 1-for-10 reverse unit split completed in February 2016.
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.
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.
As described in Footnote 1, upon vesting, the phantom units were paid in cash on a one for one basis based on the average closing price of the common units for the 20 trading days immediately preceding the date of vesting, together with accrued distribution equivalent rights.
Robert B. Karn III
2017-02-15