0001171486-24-000051.txt : 20240220 0001171486-24-000051.hdr.sgml : 20240220 20240220160746 ACCESSION NUMBER: 0001171486-24-000051 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: Craig Kevin J CENTRAL INDEX KEY: 0001322654 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31465 FILM NUMBER: 24653290 MAIL ADDRESS: STREET 1: PO BOX 2827 CITY: HUNTINGTON STATE: WV ZIP: 25727 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 0001322654 Craig Kevin J 5260 IRWIN ROAD HUNTINGTON WV 25705 true Executive Vice President false COMMON UNITS 2024-02-15 4 M 0 14151 A 41255 D COMMON UNITS 2024-02-15 4 F 0 5993 86.91 D 35262 D PHANTOM UNITS 2024-02-15 4 M 0 5470 A COMMON UNITS 5470 0 D PHANTOM UNITS 2024-02-15 4 M 0 4429 A COMMON UNITS 4429 4429 D PHANTOM UNITS 2024-02-15 4 M 0 4252 A COMMON UNITS 4252 8506 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. KEVIN J CRAIG 2024-02-20