Home > Insider Trading > Filing (0001140361-14-037866)

Filing Details

Accession Number:: 0001140361-14-037866
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-10-10 12:04:10
Reporting Period:: 2014-10-10

Filing Date:: 2014-10-10
Accepted Time:: 2014-10-10 12:04:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1171486	Natural Resource Partners Lp	NRP	Bituminous Coal & Lignite Surface Mining (1221)	352164875

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1268006	Iii J Corbin Robertson	601 Jefferson, Suite 3600 Houston TX 77002		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Units	Acquisiton	2014-10-10	41,597	$12.02	1,479,216	No	4	P	Direct
Common Units	Acquisiton	2014-10-10	41,597	$12.02	87,828	No	4	P	Indirect	By CIII Capital Management, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By CIII Capital Management, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Units	50,000	Indirect	By BHJ Investments, L.P.
Common Units	387	Indirect	By Spouse
Common Units	50,461	Indirect	By The Corbin James Robertson III 2009 Family Trust

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Units	Phantom Units	$0.00	2015-02-10	2015-02-10	3,580	3,580	Direct
Common Units	Phantom Units	$0.00	2016-02-14	2016-02-14	3,700	3,700	Direct
Common Units	Phantom Units	$0.00	2017-02-13	2017-02-13	3,700	3,700	Direct
Common Units	Phantom Units	$0.00	2018-02-12	2018-02-12	3,885	3,885	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2015-02-10	3,580	3,580	Direct
2016-02-14	3,700	3,700	Direct
2017-02-13	3,700	3,700	Direct
2018-02-12	3,885	3,885	Direct

Footnotes

These common units were acquired in a public offering of common units by the issuer.
Corbin J. Robertson III shares beneficial ownership of 65,570 common units with his spouse, Brooke Robertson.
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.
The reporting person transferred these units to BHJ Investments, L.P., a limited partnership of which the reporting person is the sole member of the general partner. The limited partners of BHJ Investments, L.P. are the reporting person, his wife, and a trust formed for the benefit of the reporting person's children in which the reporting person has no pecuniary interest.
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.
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.
The phantom units were granted to the reporting person under the issuer's long-term incentive plan.
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.
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.