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