| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MNRL | Class B Common Stock | Conversion of derivative security | -7.18K | -5.58% | 122K | Dec 21, 2021 | See footnote | F1, F3, F4, F9 | ||
| transaction | MNRL | Class A Common Stock | Conversion of derivative security | +7.18K | 7.18K | Dec 21, 2021 | See footnote | F3, F4, F9 | |||
| transaction | MNRL | Class A Common Stock | Sale | -7.18K | -100% | 0 | Dec 21, 2021 | See footnote | F3, F4, F8 | ||
| transaction | MNRL | Class B Common Stock | Conversion of derivative security | -73.7K | -5.58% | 1.25M | Dec 21, 2021 | See footnote | F1, F3, F5, F10 | ||
| transaction | MNRL | Class A Common Stock | Conversion of derivative security | +73.7K | 73.7K | Dec 21, 2021 | See footnote | F3, F5, F10 | |||
| transaction | MNRL | Class A Common Stock | Sale | -73.7K | -100% | 0 | Dec 21, 2021 | See footnote | F3, F5, F8 | ||
| transaction | MNRL | Class B Common Stock | Conversion of derivative security | -29.7K | -5.58% | 502K | Dec 21, 2021 | See footnote | F1, F3, F6, F11 | ||
| transaction | MNRL | Class A Common Stock | Conversion of derivative security | +29.7K | 29.7K | Dec 21, 2021 | See footnote | F3, F6, F11 | |||
| transaction | MNRL | Class A Common Stock | Sale | -29.7K | -100% | 0 | Dec 21, 2021 | See footnote | F3, F6, F8 | ||
| transaction | MNRL | Class B Common Stock | Conversion of derivative security | -59.2K | -5.58% | 1M | Dec 21, 2021 | See footnote | F1, F3, F7, F12 | ||
| transaction | MNRL | Class A Common Stock | Conversion of derivative security | +59.2K | 59.2K | Dec 21, 2021 | See footnote | F3, F7, F12 | |||
| transaction | MNRL | Class A Common Stock | Sale | -59.2K | -100% | 0 | Dec 21, 2021 | See footnote | F3, F7, F8 | ||
| holding | MNRL | Class A Common Stock | 26.6K | Dec 21, 2021 | Direct | F13 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MNRL | Brigham Minerals Holdings, LLC Units | Conversion of derivative security | $0 | -7.18K | -5.58% | $0.00 | 122K | Dec 21, 2021 | Class A Common Stock | 7.18K | See footnote | F1, F2, F3, F4 | |
| transaction | MNRL | Brigham Minerals Holdings, LLC Units | Conversion of derivative security | $0 | -73.7K | -5.58% | $0.00 | 1.25M | Dec 21, 2021 | Class A Common Stock | 73.7K | See footnote | F1, F2, F3, F5 | |
| transaction | MNRL | Brigham Minerals Holdings, LLC Units | Conversion of derivative security | $0 | -29.7K | -5.58% | $0.00 | 502K | Dec 21, 2021 | Class A Common Stock | 29.7K | See footnote | F1, F2, F3, F6 | |
| transaction | MNRL | Brigham Minerals Holdings, LLC Units | Conversion of derivative security | $0 | -59.2K | -5.58% | $0.00 | 1M | Dec 21, 2021 | Class A Common Stock | 59.2K | See footnote | F1, F2, F3, F7 |
| Id | Content |
|---|---|
| F1 | Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by shareholders generally. At the request of the holder, each common unit (each, a "Common Unit") of Brigham Minerals Holdings, LLC ("Brigham LLC") may be coupled with a share of Class B common stock and redeemed for, at Brigham LLC's election, newly-issued shares of Class A common stock on a one-for-one basis or a cash payment equal to a volume weighted average closing price of one share of Class A common stock for each Common Unit redeemed for the 10 trading days prior to the date the holder requests redemption (each, a "Redemption"). The Common Units do not expire. |
| F2 | As previously reported on the Form 4s filed on November 18, 2021, November, 23, 2021 and November 29, 2021 (the "November Form-4s") the broker of the holder of these securities sold a number of shares of Class A common stock subject to a future Redemption of the underlying common units of Brigham LLC and cancellation of an equal amount of shares of Class B common stock of Brigham Minerals, Inc. (collectively, a "Future Redemption"). On December 21, 2021, all such Redemptions were effected. |
| F3 | The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose. |
| F4 | These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX. |
| F5 | These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X. |
| F6 | These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI. |
| F7 | These securities are owned directly by YT Brigham Co Investment Partners, LP ("YT Brigham"). The reporting person is a member and manager of YT Brigham Associates LLC, the general partner of YT Brigham Company LP, the general partner of YT Brigham. |
| F8 | These shares were sold in multiple transactions at varying prices specified in the November Form-4s. |
| F9 | On December 8, 2021, Yorktown IX requested that 7,181 shares of Class B common stock and 7,181 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 7,181 shares of Class A common stock. |
| F10 | On December 8, 2021, Yorktown X requested that 73,705 shares of Class B common stock and 73,705 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 73,705 shares of Class A common stock. |
| F11 | On December 8, 2021, Yorktown XI requested that 29,654 shares of Class B common stock and 29,654 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 29,654 shares of Class A common stock. |
| F12 | On December 8, 2021, YT Brigham requested that 59,154 shares of Class B common stock and 59,154 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 59,154 shares of Class A common stock. |
| F13 | Includes 7,692 restricted stock units awarded on May 26, 2021 pursuant to the Brigham Minerals, Inc. 2019 Long Term Incentive Plan. The award vests in full on the first anniversary of the grant date, subject to continued employment through the vesting date. |