Bob R. Simpson - Jan 26, 2023 Form 3 Insider Report for MorningStar Partners, L.P. (TXO)

Role
Officer, Director, Other*, 10%+ Owner
Signature
/s/ Brent W. Clum, Attorney-in-fact
Stock symbol
TXO
Transactions as of
Jan 26, 2023
Transactions value $
$0
Form type
3
Date filed
1/26/2023, 06:00 PM
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TXO Common Units 49.2M Jan 26, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TXO Series 5 Preferred Units Jan 26, 2023 Common Units 55.2M Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the closing of the Issuer's initial public offering, the Issuer's series 5 preferred units will automatically convert into common units of the Issuer.

Remarks:

The Reporting Person is Chief Executive Officer, Chairman and Director of TXO Energy GP, LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner. Exhibit 24 - Power of Attorney.