MURRAY STAHL - 08 Oct 2021 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role
Director
Signature
/s/Jay Kesslen, attorney-in-fact
Issuer symbol
TPL
Transactions as of
08 Oct 2021
Net transactions value
+$53,052
Form type
4
Filing time
12 Oct 2021, 10:36:55 UTC
Previous filing
08 Oct 2021
Next filing
13 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Purchase $1,213 +1 +0.04% $1213.44 2,462 08 Oct 2021 By CDK Partners LP F1
transaction TPL Common Stock Purchase $2,427 +2 +0.17% $1213.44 1,149 08 Oct 2021 By Horizon Common Inc F1
transaction TPL Common Stock Purchase $1,213 +1 +0.07% $1213.44 1,422 08 Oct 2021 By Horizon Credit Opportunity Fund F1
transaction TPL Common Stock Purchase $2,427 +2 +0% $1213.44 102,781 08 Oct 2021 By Horizon Kinetics Hard Assets, LLC F1
transaction TPL Common Stock Purchase $2,427 +2 +0.15% $1213.44 1,333 08 Oct 2021 Direct F2
transaction TPL Common Stock Purchase $1,213 +1 +0.08% $1213.44 1,334 08 Oct 2021 Direct F2
transaction TPL Common Stock Purchase $1,213 +1 +0% $1213.44 42,944 08 Oct 2021 By Polestar Offshore Fund F1
transaction TPL Common Stock Purchase $14,561 +12 +0.01% $1213.44 229,259 08 Oct 2021 By Horizon Kinetics Asset Management LLC F3, F4
transaction TPL Common Stock Purchase $1,198 +1 +0.04% $1198.01 2,463 11 Oct 2021 By CDK Partners LP F1
transaction TPL Common Stock Purchase $2,396 +2 +0.17% $1198.01 1,151 11 Oct 2021 By Horizon Common Inc F1
transaction TPL Common Stock Purchase $1,198 +1 +0.07% $1198.01 1,423 11 Oct 2021 By Horizon Credit Opportunity Fund F1
transaction TPL Common Stock Purchase $2,396 +2 +0% $1198.01 102,783 11 Oct 2021 By Horizon Kinetics Hard Assets, LLC F1
transaction TPL Common Stock Purchase $2,396 +2 +0.15% $1198.01 1,336 11 Oct 2021 Direct F2
transaction TPL Common Stock Purchase $1,198 +1 +0.07% $1198.01 1,337 11 Oct 2021 Direct F2
transaction TPL Common Stock Purchase $1,198 +1 +0% $1198.01 42,945 11 Oct 2021 By Polestar Offshore Fund F1
transaction TPL Common Stock Purchase $14,376 +12 +0.01% $1198.01 229,271 11 Oct 2021 By Horizon Kinetics Asset Management LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any account managed by Horizon except to the extent of his pecuniary interest, if any.
F2 Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer.
F3 The amount reported as held following the transaction excludes approximately 1,343,167 shares as noted in Horizon's Schedule 13D filed on January 12, 2021, for which Horizon does not have a pecuniary interest and also excludes shares purchased by portfolio managers and other employees of the firm for their personal accounts.
F4 The amount of common shares of the Issuer reported excludes partnerships and other accounts in which Mr. Stahl has a controlling interest and are reported separately. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Manager but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any of the accounts managed by Horizon except to the extent of his pecuniary interest, if any.