Stephanie Buffington - Dec 29, 2022 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Signature
/s/ Micheal W. Dobbs, attorney-in-fact
Stock symbol
TPL
Transactions as of
Dec 29, 2022
Transactions value $
-$53,621
Form type
4
Date filed
12/30/2022, 03:08 PM
Previous filing
Sep 6, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Tax liability -$53.6K -23 -23% $2,331.36 77 Dec 29, 2022 Direct F1, F2

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 TPL Restricted Stock Units 194 Dec 29, 2022 Common Stock 194 Direct F3
holding TPL Restricted Stock Units 279 Dec 29, 2022 Common Stock 279 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F2 Includes 40 shares that will vest on December 29, 2023.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 64 will vest on each of February 11, 2023 and 2024 and 66 will vest on February 11, 2025.
F4 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 93 will vest on September 1 of each of 2023, 2024 and 2025.