Sec Form 4 Filing - Funk Joseph E. @ Rhino Resource Partners LP - 2015-02-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
Funk Joseph E.
2. Issuer Name and Ticker or Trading Symbol
Rhino Resource Partners LP [ RNO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO and President
(Last) (First) (Middle)
424 LEWIS HARGETT CIRCLE, SUITE 250
3. Date of Earliest Transaction (MM/DD/YY)
02/27/2015
(Street)
LEXINGTON, KY40503
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Units representing limited partner interests 02/27/2015 C 4,453 A 6,302 D
Common Units representing limited partner interests 02/27/2015 J( 2 ) 740 A $ 2.85 7,042 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Units with DERs ( 1 ) 02/27 /2015 M 1,088 02/27/2015 02/27/2015 Common Units 1,088 ( 1 ) 0 D
Phantom Units with DERs ( 1 ) 02/27/2015 M 1,375 02/27/2015 02/27/2015 Common Units 1,375 ( 1 ) 0 D
Phantom Units with DERs ( 1 ) 02/27/2015 M 1,990 02/27/2015 02/27/2015 Common Units 1,990 ( 1 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Funk Joseph E.
424 LEWIS HARGETT CIRCLE, SUITE 250
LEXINGTON, KY40503
CEO and President
Signatures
/s/ Joseph E. Funk 03/18/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in Rhino Resource Partners LP (the "Partnership") and is accompanied by a Distribution Equivalent Right entitling the holder to an amount of cash equal to the value of any cash distributions paid on each of the Partnership's common units during the period in which the Phantom Unit is held. One-third of the Phantom Units vests annually, beginning with the one year anniversary of the date of grant. On February 27, 2015, 4,453 of the reporting person's phantom units were settled for an equal number of common units of the Partnership.
( 2 )Represents common units acquired with cash accumulated after taxes from the Distribution Equivalent Rights associated with the vested Phantom Units.

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