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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Subordinated Units | (1) | 11/14/2006 | M | 1,307,942 | (1) | (1) | Common Units | 1,307,942 | (1) | 2,615,882 | I | By Western Pocahontas Properties Limited Partnership (2) | |||
Subordinated Units | (1) | 11/14/2006 | M | 279,016 | (1) | (1) | Common Units | 279,016 | (1) | 558,032 | I | By Great Northern Properties Limited Partnership (3) | |||
Subordinated Units | (1) | 11/14/2006 | M | 52,227 | (1) | (1) | Common Units | 52,227 | (1) | 104,453 | I | By New Gauley Coal Corporation (4) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ROBERTSON CORBIN J JR 601 JEFFERSON, SUITE 3600 HOUSTON, TX 77002 |
X | X | Chairman and CEO |
Corbin J. Robertson, Jr. | 01/12/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | As set forth in the partnership agreement, the second conversion of 25% of the original subordinated units outstanding, or one third of the subordinated units outstanding on November 14, 2006 converted to common units on that date. Any fractional units created by this conversion were paid in cash. In connection with the conversion, 1,307,942 subordinated units, 279,016 subordinated units and 52,227 subordinated units held by Western Pocahontas Properties Limited Partnership, Great Northern Limited Partnership and New Gauley Coal Corporation, respectively, were converted. |
(2) | These units are beneficially owned by Western Pocahontas Properties Limited Partnership, whose general partner is Western Pocahontas Corporation, a corporation controlled by Mr. Robertson. Mr. Robertson also holds indirect limited partner interests in Western Pocahontas Properties Limited Partnership. All the common units owned by Western Pocahontas Properties Limited Partnership are reported on this line. Mr. Robertson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
(3) | These units are beneficially owned by Great Northern Properties Limited Partnership, whose general partner is GNP Management Corporation, a corporation, in which Mr. Robertson owns 85% of the common stock. Mr. Robertson also holds indirect limited partner interests in Great Northern Properties Limited Partnership. All the common units owned by Great Northern Properties Limited Partnership are reported on this line. Mr. Robertson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
(4) | These units are beneficially owned by New Gauley Coal Corporation, a corporation controlled by Mr. Robertson. All the common units owned by New Gauley Coal Corporation are reported on this line. Mr. Robertson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
(5) | On January 1, 2007, the Frances C. Robertson 1992 Management Trust, of which Corbin J. Robertson, Jr. was the trustee, terminated. Corbin J. Robertson, Jr. previously reported the 69,530 common units as indirect ownership for which he disclaimed beneficial ownership. |
(6) | Not applicable |
(7) | Mr. Robertson is the trustee of the William K. Robertson 1993 Management Trust. Mr. Robertson?s son is the beneficiary of this trust. Mr. Robertson disclaims beneficial ownership of these securities. |
Remarks: This amended Form 4 was necessary due to an incorrect transaction date located in Table 1, Line 1 for Common Units of Western Pocahontas Properties Limited Partnership. The original filing made on January 5, 2007 incorrectly stated a transaction date of 11/14/2005 rather than the proper date of 11/14/2006. |