# EDGAR Filing Document

**Accession Number:** 0001171486
**File Stem:** 0001437749-23-002682
**Filing Date:** 2023-2
**Character Count:** 5876
**Document Hash:** 2e4b53256f5dd9d40560d7b5cfc10056
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-002682.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001437749-23-002682

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230205

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATURAL RESOURCE PARTNERS LP
- **CENTRAL INDEX KEY:** 0001171486
- **STANDARD INDUSTRIAL CLASSIFICATION:** BITUMINOUS COAL & LIGNITE SURFACE MINING [1221]
- **IRS NUMBER:** 352164875
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-31465
- **FILM NUMBER:** 23595071

**BUSINESS ADDRESS:**
- **STREET 1:** 1201 LOUISIANA STREET, SUITE 3400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77002
- **BUSINESS PHONE:** 713-751-7507

**MAIL ADDRESS:**
- **STREET 1:** 1201 LOUISIANA STREET, SUITE 3400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77002

nrp20230206_8k.htm

------

**UNITED STATES**

 **SECURITIES AND EXCHANGE COMMISSION**

 **Washington, D.C. 20549**

------

**FORM **8-K**

------

**CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)**

 **OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of report (Date of earliest event reported): **February 5, 2023**

------

![nrp20230206_8kimg001.jpg](nrp20230206_8kimg001.jpg)

---

| |
|:---|
| **NATURAL RESOURCE PARTNERS LP** |
| (Exact Name of Registrant as Specified in its Charter) |

---

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; **Delaware** | **001-31465** | **35-2164875** |
| (State or other jurisdiction<br> of incorporation or organization) | (Commission File<br> Number) | (I.R.S. Employer<br> Identification No.) |
| **1415 Louisiana St., Suite 3325**<br> **Houston, Texas 77002** | **1415 Louisiana St., Suite 3325**<br> **Houston, Texas 77002** | **1415 Louisiana St., Suite 3325**<br> **Houston, Texas 77002** |
| (Address of principal executive office) (Zip Code) | (Address of principal executive office) (Zip Code) | (Address of principal executive office) (Zip Code) |
| **(**713**) **751-7507** | **(**713**) **751-7507** | **(**713**) **751-7507** |
| Registrant's telephone number, including area code | Registrant's telephone number, including area code | Registrant's telephone number, including area code |

---

------

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Units representing limited partner interests | NRP | New York Stock Exchange |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

------

**Item 8.01. Other Events**

On February 5, 2023, Natural Resource Partners L.P. (the "Partnership") received a notice (the "Notice") from holders of the Partnership's Class A Preferred Units exercising their right to either convert or redeem, at the election of the Partnership, an aggregate of 47,499 Class A Preferred Units (the "Subject Units") pursuant to Section 5.10(h)(iii) of the Fifth Amended and Restated Agreement of Limited Partnership of the Partnership. After receipt of the Notice, the Board of Directors elected to redeem the Subject Units for $47,499,000 in cash, an amount equal to the Liquidation Value of the Subject Units, plus any accrued and unpaid distributions with respect of the Subject Units. Following the redemption, the Subject Units will be retired and no longer outstanding and all rights of the holders thereof shall cease with respect to the Subject Units. Of the originally issued 250,000 Class A Preferred Units, 202,501 Class A Preferred Units will remain outstanding. The Partnership expects to effect the redemption of the Subject Units on or about February 8, 2023 and will fund the redemption payment with cash on hand and borrowings from the Partnership's revolving credit facility.

**Item 9.01. Financial Statements and Exhibits**

---

| | |
|:---|:---|
| (d) | Exhibits. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **NATURAL RESOURCE PARTNERS L.P.**<br> (Registrant) | **NATURAL RESOURCE PARTNERS L.P.**<br> (Registrant) |
|  | By:  | NRP (GP) LP |
|  |  | its General Partner |
|  | By: | GP Natural Resource Partners LLC |
|  |  | its General Partner |
| Date: February 7, 2023 |  | /s/ Philip T. Warman |
|  |  | Philip T. Warman |
|  |  | General Counsel |

---