SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NORBERG DOUGLAS E

(Last) (First) (Middle)
C/O POPE RESOURCES
19245 TENTH AVE NE

(Street)
POULSBO WA 98370

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
POPE RESOURCES LTD PARTNERSHIP [ POPE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Partner Unit Option (Right to Buy) 02/02/2011 M 258 A $39.1525 61,162 D
Partner Unit Option (Right to Buy) 02/02/2011 M 250 A $39.1525 61,412 D
Partner Unit Options (Right to Buy) 02/02/2011 M 227 A $39.1525 61,639 D
Partner Unit Option (Right to Buy) 02/02/2011 M 207 A $39.1525 61,846 D
Partner Unit Option (Right to Buy) 02/02/2011 M 148 A $39.1525 61,994 D
Partner Unit Option (Right to Buy) 02/02/2011 M 150 A $39.1525 62,144 D
Partner Unit Option (Right to Buy) 02/02/2011 M 173 A $39.1525 62,317 D
Partner Unit Option (Right to Buy) 02/02/2011 M 325 A $39.1525 62,642 D
Partner Unit Option (Right to Buy) 02/02/2011 M 347 A $39.1525 62,989 D
Partner Unit Option (Right to Buy) 02/02/2011 M 152 A $39.1525 63,141 D
Partner Unit Option (Right to Buy) 02/02/2011 M 198 A $39.1525 63,339 D
Partner Unit Option (Right to Buy) 02/02/2011 M 169 A $39.1525 63,508 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 (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 Securities Underlying Derivative Security (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: 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
Partner Unit Option (Right to Buy) $18.99 02/02/2011 M 298 06/01/2004 06/01/2014 Partner Unit Option (Right to Buy) 298 $0 3,718 D
Partner Unit Option (Right to Buy) $19.89 02/02/2011 M 283 07/01/2004 07/01/2014 Partner Unit Option (Right to Buy) 283 $0 3,435 D
Partner Unit Option (Right to Buy) $19.55 02/02/2011 M 294 08/01/2004 08/01/2014 Partner Unit Option (Right to Buy) 294 $0 3,141 D
Partner Unit Option (Right to Buy) $23.5 02/02/2011 M 245 09/01/2004 09/01/2014 Partner Unit Option (Right to Buy) 245 $0 2,896 D
Partner Unit Option (Right to Buy) $21 02/02/2011 M 292 10/01/2004 10/01/2014 Partner Unit Option (Right to Buy) 292 $0 2,604 D
Partner Unit Option (Right to Buy) $23.39 02/02/2011 M 258 11/01/2004 11/01/2014 Partner Unit Option (Right to Buy) 258 $0 2,346 D
Partner Unit Option (Right to Buy) $23.56 02/02/2011 M 250 12/01/2004 12/01/2014 Partner Unit Option (Right to Buy) 250 $0 2,096 D
Partner Unit Option (Right to Buy) $25.5 02/02/2011 M 227 01/01/2005 01/01/2015 Partner Unit Option (Right to Buy) 227 $0 1,869 D
Partner Unit Option (Right to Buy) $28.5 02/02/2011 M 207 02/01/2005 02/01/2015 Partner Unit Option (Right to Buy) 207 $0 1,662 D
Partner Unit Option (Right to Buy) $37.73 02/02/2011 M 148 03/01/2005 03/01/2015 Partner Unit Option (Right to Buy) 148 $0 1,514 D
Partner Unit Option (Right to Buy) $36.82 02/02/2011 M 150 04/01/2005 04/01/2015 Partner Unit Option (Right to Buy) 150 $0 1,364 D
Partner Unit Option (Right to Buy) $33.15 02/02/2011 M 173 05/02/2005 05/02/2015 Partner Unit Option (Right to Buy) 173 $0 1,191 D
Partner Unit Option (Right to Buy) $35 02/02/2011 M 159 06/01/2005 06/01/2015 Partner Unit Option (Right to Buy) 159 $0 1,032 D
Partner Unit Option (Right to Buy) $36.17 02/02/2011 M 152 07/01/2005 07/01/2015 Partner Unit Option (Right to Buy) 152 $0 880 D
Partner Unit Option (Right to Buy) $36 02/02/2011 M 152 08/01/2005 08/01/2015 Partner Unit Option (Right to Buy) 152 $0 728 D
Partner Unit Option (Right to Buy) $35 02/02/2011 M 166 09/01/2005 09/01/2015 Partner Unit Option (Right to Buy) 166 $0 562 D
Partner Unit Option (Right to Buy) $30.98 02/02/2011 M 195 10/03/2005 10/03/2015 Partner Unit Option (Right to Buy) 195 $0 367 D
Partner Unit Option (Right to Buy) $30 02/02/2011 M 198 11/03/2005 11/03/2015 Partner Unit Option (Right to Buy) 198 $0 169 D
Partner Unit Option (Right to Buy) $31.25 02/02/2011 M 169 12/01/2005 12/01/2015 Partner Unit Option (Right to Buy) 169 $0 0 D
Explanation of Responses:
Thomas M. Ringo Power of Attorney for Douglas E. Norberg 02/03/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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