Ciner Enterprises Inc. - 21 Dec 2021 Form 4 Insider Report for Ciner Resources LP

Role
10%+ Owner
Signature
/s/ Turgay Ciner
Issuer symbol
N/A
Transactions as of
21 Dec 2021
Net transactions value
$0
Form type
4
Filing time
22 Dec 2021, 11:21:53 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINR Common units representing limited partner interests Sale -8,730,600 -60% 5,820,400 21 Dec 2021 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 14,551,000 common units representing limited partner interests (the "Units") of Ciner Resources LP held of record by [New Wyoming LLC], a Delaware limited liability company ("New Wyoming"), as successor by conversion to Ciner Wyoming Co., a Delaware corporation. New Wyoming is a wholly owned subsidiary of New Resources LLC, a Delaware limited liability company ("New Resources"). Ciner Enterprises Inc., a Delaware corporation ("Ciner Enterprises") has sold a 60% interest in New Resources for $300 million. Following the sales, the Reporting Persons have a beneficial interest in the 14,551,000 Units, but their pecuniary interest has been reduced to 40%. Prior to the sale, the Reporting Persons had a pecuniary interest in the 14,551,000 Units.