SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Adena Minerals, LLC

(Last) (First) (Middle)
C/O CLINE RESOURCE AND DEVELOPMENT CO
3801 PGA BLVD., SUITE 903

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NATURAL RESOURCE PARTNERS LP [ NRP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units 06/11/2007 J(1) 1,083,912 A $0(1) 8,910,072 D(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Adena Minerals, LLC

(Last) (First) (Middle)
C/O CLINE RESOURCE AND DEVELOPMENT CO
3801 PGA BLVD., SUITE 903

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Foresight Reserves, LP

(Last) (First) (Middle)
C/O CLINE RESOURCE AND DEVELOPMENT CO
3801 PGA BLVD., SUITE 903

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Insight Resource, LLC

(Last) (First) (Middle)
C/O CLINE RESOURCE AND DEVELOPMENT CO
3801 PGA BLVD., SUITE 903

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Cline Resource & Development CO

(Last) (First) (Middle)
C/O CLINE RESOURCE AND DEVELOPMENT CO
3801 PGA BLVD., SUITE 903

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Cline Christopher

(Last) (First) (Middle)
C/O CLINE RESOURCE AND DEVELOPMENT CO
3801 PGA BLVD., SUITE 903

(Street)
PALM BEACH GARDENS FL 33410

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Represents the conversion by the issuer of Class B Units into Common Units.
2. Adena Minerals, LLC holds 8,910,072 Common Units of record . Foresight Reserves, LP is the sole member of Adena Minerals, LLC and Insight Resource, LLC is the general partner of Foresight Reserves, LP. Cline Resource and Development Company is the managing member of Insight Resource, LLC and Christopher Cline is the sole shareholder and sole director of Cline Resource and Development Company. Accordingly, each of Christopher Cline, Cline Resource and Development Company, Insight Resource, LLC, Foresight Reserves, LP and Adena Minerals, LLC are deemed to share voting and dispositive control over the Common Units held of record by Adena Minerals, LLC.
/s/ Christopher Cline 06/13/2007
Cline Resource and Development Company By: /s/ Christopher Cline 06/13/2007
Insight Resources, LLC By: Cline Resource and Development Company Its: Managing Member By: /s/ Christopher Cline Authorized Representative 06/13/2007
Foresight Reserves, LP By: Insight Resources, LLC Its: General Partner By: Cline Resource and Development Company, Its: Managing Member By: /s/ Christopher Cline Authorized Representative 06/13/2007
Adena Minerals, LLC By: Foresight Reserves, LP Its: Managing Member By: Insight Resources, LLC Its: General Partner By: Cline Resource and Development Company Its: Managing Member By: /s/ Christopher Cline Authorized Representative 06/13/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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