Ciner Enterprises Inc. - Dec 21, 2021 Form 4 Insider Report for Ciner Resources LP (CINR)

Role
10%+ Owner
Signature
/s/ Turgay Ciner
Stock symbol
CINR
Transactions as of
Dec 21, 2021
Transactions value $
$0
Form type
4
Date filed
12/22/2021, 11:21 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINR Common units representing limited partner interests Sale -8.73M -60% 5.82M Dec 21, 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.