D. Andrew Woodward - Jan 24, 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
Stock symbol
ARLP
Transactions as of
Jan 24, 2024
Transactions value $
-$256,324
Form type
4
Date filed
2/12/2024, 09:30 AM
Previous filing
Sep 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARLP Common unit Options Exercise +27.5K 27.5K Feb 8, 2024 Direct F1
transaction ARLP Common unit Tax liability -$256K -12.5K -45.29% $20.58 15K Feb 8, 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 +27.5K 27.5K Jan 24, 2024 Common unit 27.5K Direct F1, F3, F4
transaction ARLP Restricted unit Options Exercise -27.5K -100% 0 Feb 8, 2024 Common unit 27.5K 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