Thomas M. Wynne - Feb 8, 2023 Form 4 Insider Report for ALLIANCE RESOURCE PARTNERS LP (ARLP)

Role
SENIOR VICE PRESIDENT AND COO
Signature
/s/ Thomas M. Wynne by Kenneth Hemm, pursuant to power of attorney dated April 11, 2013
Stock symbol
ARLP
Transactions as of
Feb 8, 2023
Transactions value $
-$879,311
Form type
4
Date filed
2/10/2023, 10:19 AM
Previous filing
Jan 31, 2023
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARLP Common unit Options Exercise +102K +12.77% 897K Feb 8, 2023 Direct F1
transaction ARLP Common unit Tax liability -$879K -40.7K -4.53% $21.61 857K Feb 8, 2023 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 Options Exercise -102K -100% 0 Feb 8, 2023 Common unit 102K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 27, 2023, our Compensation Committee determined that the vesting requirements for the 2020 Long-Term Incentive Plan grants had been satisfied. As a result restricted units were determined to be vested effective January 1, 2023 and subsequently issued on February 8, 2023 based upon an ARLP unit price of $21.61.
F2 Upon vesting, restricted units are withheld by the Partnership for the payment of tax liability at the vesting price of $21.61.
F3 Not applicable