AI assistant
MACH NATURAL RESOURCES LP — Director's Dealing 2023
Oct 31, 2023
31598_dirs_2023-10-31_8a3cc245-c972-4283-a302-766ad638b89c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MACH NATURAL RESOURCES LP (MNR)
CIK: 0001980088
Period of Report: 2023-10-27
Reporting Person: Reel Michael E (See Remarks, See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-10-27 | Common Units | D | 6094 | $17.67 | Disposed | 138125 | Direct |
| 2023-10-27 | Common Units | A | 18309 | $0.00 | Acquired | 156434 | Direct |
Footnotes
F1: On October 27, 2023, the Issuer used a portion of the net proceeds from the closing of its initial public offering ("IPO") of common units to purchase common units from certain of the Issuer's pre-IPO unitholders, including the Reporting Person, at a price of $17.67 per unit (such price per unit being the price that the Issuer received from the underwriters in the IPO, net of the underwriting discounts and commissions).
F2: The reported securities represent phantom units. Each phantom unit represents the contingent right to receive one common unit of the Issuer upon vesting. The phantom units will vest in three equal installments on each of the first three anniversaries of the grant date, subject in each case to the continued service through such dates.