CARY P. MARSHALL - 24 Jan 2024 Form 4 Insider Report for ALLIANCE RESOURCE PARTNERS LP (ARLP)

Role: SENIOR VP AND CFO
Signature: /s/ Cary P. Marshall by Kenneth Hemm, pursuant to power of attorney dated April 12, 2013
Issuer symbol: ARLP
Transactions as of: 24 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 26 Jan 2024, 09:49:00 UTC
Previous filing: 16 Nov 2023
Next filing: 12 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ARLP	Common unit						949,103	24 Jan 2024	Held by trust	F1
holding	ARLP	Common unit						93,125	24 Jan 2024	Held by LLC	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	Phantom unit	Award		+1,163	+2.2%		54,707	24 Jan 2024	Common unit	1,163		Direct	F3, F4, F5
transaction	ARLP	Restricted unit	Award		+64,160			64,160	24 Jan 2024	Common unit	64,160		Direct	F3, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Units held by Cary P. Marshall Revocable Trust DTD 11/15/1998.
F2	Units held by Marshall Children LLC C/O Cindy Marshall.
F3	1 for 1
F4	The Phantom units are to be settled in ARLP common units upon the reporting person's death or termination.
F5	Not applicable
F6	On January 24, 2024, the Compensation Committee determined that the vesting requirements for grants issued in 2021 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.