0001171486-24-000054.txt : 20240220 0001171486-24-000054.hdr.sgml : 20240220 20240220161154 ACCESSION NUMBER: 0001171486-24-000054 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240215 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zolas Christopher CENTRAL INDEX KEY: 0001635057 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31465 FILM NUMBER: 24653406 MAIL ADDRESS: STREET 1: 601 JEFFERSON STREET STREET 2: SUITE 3600 CITY: HOUSTON STATE: TX ZIP: 77002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NATURAL RESOURCE PARTNERS LP CENTRAL INDEX KEY: 0001171486 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE SURFACE MINING [1221] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 352164875 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1415 LOUISIANA ST. STE 3325 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-751-7507 MAIL ADDRESS: STREET 1: 1415 LOUISIANA ST. STE 3325 CITY: HOUSTON STATE: TX ZIP: 77002 4 1 form4.xml X0508 4 2024-02-15 0001171486 NATURAL RESOURCE PARTNERS LP NRP 0001635057 Zolas Christopher 1415 LOUISIANA STREET SUITE 3325 HOUSTON TX 77002 true CFO false COMMON UNITS 2024-02-15 4 M 0 20791 A 48960 D COMMON UNITS 2024-02-15 4 F 0 6726 86.91 D 42234 D PHANTOM UNITS 2024-02-15 4 M 0 7945 A COMMON UNITS 7945 0 D PHANTOM UNITS 2024-02-15 4 M 0 6432 A COMMON UNITS 6432 6432 D PHANTOM UNITS 2024-02-15 4 M 0 6414 A COMMON UNITS 6414 12830 D Common units were issued upon conversion of phantom units previously awarded under the issuer's long-term incentive plan ("LTIP") as further described in notes (2), (3) and (4) below. Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2021 under the issuer's LTIP. One-third of the phantom units vested on the third anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2022 under the issuer's LTIP. One-third of the phantom units vested on the second anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2022 award will vest on the third anniversary of the grant date. Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2023 under the issuer's LTIP. One-third of the phantom units vested on the first anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2023 award will vest in substantially equal installments on the second and third anniversaries of the grant date. CHRISTOPHER ZOLAS 2024-02-20