X0306 4 2018-02-12 0 0001171486 NATURAL RESOURCE PARTNERS LP NRP 0000898211 VECELLIO LEO A JR 1201 LOUISIANA SUITE 3400 HOUSTON TX 77002 1 0 0 0 Common Units 2018-02-12 4 M 0 389 A 2389 D Common Units 2018-02-12 4 D 0 389 31.6875 D 2000 D Common Units 2018-02-14 4 A 0 2399 0 A 4399 D Phantom Units 2018-02-12 4 M 0 389 D 2018-02-12 2018-02-12 Common Units 389 0 D Phantom Units 2019-02-11 2019-02-11 Common Units 410 410 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. Common units were awarded and issued to the reporting person under the Issuer's 2017 Long-Term Incentive Plan and vested and settled in full on the issuance date. 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. 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. /s/ Leo A. Vecellio, Jr. 2018-02-14