Chris Steddum - 29 Dec 2023 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Signature
/s/ Micheal W. Dobbs, attorney-in-fact
Issuer symbol
TPL
Transactions as of
29 Dec 2023
Net transactions value
-$202,846
Form type
4
Filing time
02 Jan 2024, 16:43:17 UTC
Previous filing
14 Feb 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Tax liability $202,846 -129 -20% $1572.45 505 29 Dec 2023 Direct F1

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 344 29 Dec 2023 Common Stock 344 Direct F2
holding TPL Restricted Stock Units 423 29 Dec 2023 Common Stock 423 Direct F3
* 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 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 172 vest on each of February 11, 2024 and 2025.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 141 vest on February 10 of each of 2024, 2025 and 2026.