D. Andrew Woodward - 24 Jan 2024 Form 4 Insider Report for ALLIANCE RESOURCE PARTNERS LP (ARLP)

Role
SENIOR VP, NEW VENTURES
Signature
/s/ D. Andrew Woodward by Kenneth Hemm, pursuant to power of attorney dated September 15, 2022
Issuer symbol
ARLP
Transactions as of
24 Jan 2024
Net transactions value
-$256,324
Form type
4
Filing time
12 Feb 2024, 09:30:34 UTC
Previous filing
20 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARLP Common unit Options Exercise +27,500 27,500 08 Feb 2024 Direct F1
transaction ARLP Common unit Tax liability $256,324 -12,455 -45% $20.58 15,045 08 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARLP Restricted unit Award +27,500 27,500 24 Jan 2024 Common unit 27,500 Direct F1, F3, F4
transaction ARLP Restricted unit Options Exercise -27,500 -100% 0 08 Feb 2024 Common unit 27,500 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 24, 2024, the Compensation Committee determined that the vesting requirements for Mr. Woodward's grant issued in 2022 under the Long-Term Incentive Plan had been satisfied, and the number of restricted units was finalized. The restricted units vested effective January 1, 2024 and was issued on February 8, 2024 based upon an ARLP unit price of $20.58.
F2 Upon issuance, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $20.58.
F3 1 for 1
F4 Not applicable