Stephanie Buffington - Nov 12, 2024 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role
Chief Accounting Officer
Signature
/s/ Micheal W. Dobbs, attorney-in-fact
Stock symbol
TPL
Transactions as of
Nov 12, 2024
Transactions value $
-$291,550
Form type
4
Date filed
11/13/2024, 07:33 PM
Previous filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Sale -$262K -189 -23.8% $1,388.14 605 Nov 12, 2024 Direct F1
transaction TPL Common Stock Sale -$29.2K -21 -3.47% $1,390.08 584 Nov 12, 2024 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 TPL Restricted Stock Units 198 Nov 12, 2024 Common Stock 198 Direct F2
holding TPL Restricted Stock Units 279 Nov 12, 2024 Common Stock 279 Direct F3
holding TPL Restricted Stock Units 339 Nov 12, 2024 Common Stock 339 Direct F4
holding TPL Restricted Stock Units 861 Nov 12, 2024 Common Stock 861 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,388.00 to $1,388.50, inclusive. The reporting person undertakes to provide to Texas Pacific Land Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 198 vest on February 11, 2025.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 279 vest on September 1, 2025.
F4 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 168 vest on February 10, 2025 and 171 vest on February 10, 2026.
F5 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 285 vest on February 13, 2025 and 288 vest on February 13 of each of 2026 and 2027.