Micheal W. Dobbs - Dec 29, 2023 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role
Senior VP, Secretary and GC
Signature
/s/ Micheal W. Dobbs
Stock symbol
TPL
Transactions as of
Dec 29, 2023
Transactions value $
-$105,354
Form type
4
Date filed
1/2/2024, 04:44 PM
Previous filing
Sep 8, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Tax liability -$105K -67 -25% $1,572.45 201 Dec 29, 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 212 Dec 29, 2023 Common Stock 212 Direct F2
holding TPL Restricted Stock Units 273 Dec 29, 2023 Common Stock 273 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, 105 vest on February 11, 2024 and 107 vest on February 11, 2025.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 91 vest on February 10 of each of 2024, 2025 and 2026.