0001140361-18-008347.txt : 20180214
0001140361-18-008347.hdr.sgml : 20180214
20180214173314
ACCESSION NUMBER: 0001140361-18-008347
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180212
FILED AS OF DATE: 20180214
DATE AS OF CHANGE: 20180214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH STEPHEN P
CENTRAL INDEX KEY: 0001283728
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31465
FILM NUMBER: 18614033
MAIL ADDRESS:
STREET 1: 1 RIVERSIDE PLAZA
CITY: COLUMBUS
STATE: OH
ZIP: 43215-2372
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
4
1
doc1.xml
FORM 4
X0306
4
2018-02-12
0
0001171486
NATURAL RESOURCE PARTNERS LP
NRP
0001283728
SMITH STEPHEN P
1201 LOUISIANA STREET
SUITE 3400
HOUSTON
TX
77002
1
0
0
0
Common Units
2018-02-12
4
M
0
389
A
744
D
Common Units
2018-02-12
4
D
0
389
31.6875
D
355
D
Phantom Units
2018-02-12
4
M
0
389
A
2018-02-12
2018-02-12
Common Units
389
0
D
Phantom Units
2019-02-11
2019-02-11
Common Units
410
410
D
Phantom Units
2018-02-14
4
A
0
2399
A
Common Units
2399
2399
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.
These 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.
Phantom units were awarded and issued to the reporting person under the Issuer's 2017 Long-Term Incentive Plan. These phantom units vested on the issuance date and at the reporting person's election will settle in common units on a one-for-one-basis 90 days following the reporting person's retirement or earlier resignation from the Board of Directors of the issuer. Distribution equivalent rights will accrue and be paid in cash upon settlement.
/s/ Stephen P. Smith
2018-02-14