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Texas Pacific Land Corp — Director's Dealing 2023
Feb 14, 2023
30263_dirs_2023-02-14_6418fa18-aa4a-4626-a645-8add991f1c26.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Texas Pacific Land Corp (TPL)
CIK: 0001811074
Period of Report: 2023-02-10
Reporting Person: GLOVER TYLER (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-11 | Common Stock | M | 416 | — | Acquired | 1596 | Direct |
| 2023-02-11 | Common Stock | F | 177 | $1923.78 | Disposed | 1419 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-11 | Restricted Stock Units | $ | M | 416 | Disposed | Common Stock (416) | Direct | |
| 2023-02-10 | Restricted Stock Units | $ | A | 884 | Acquired | Common Stock (884) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: Includes 480 shares that vest on December 29, 2023.
F3: Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F4: Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 416 vest on February 11 of each of 2023 and 2024 and 418 vest on February 11, 2025.
F5: Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 294 vest on February 10 of each of 2024 and 2025 and 296 vest on February 10, 2026.