Key facts
- This page summarizes KING LUTHER CAPITAL MANAGEMENT CORP's Form 4 filing for TXO Energy Partners, L.P. (TXO).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 02 Feb 2023, 16:17.
KING LUTHER CAPITAL MANAGEMENT CORP - 31 Jan 2023 Form 4 Insider Report for TXO Energy Partners, L.P. (TXO)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- TXO
- Reported as of
- 31 Jan 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 02 Feb 2023, 16:17:44 UTC
- Prior SEC filing
- 26 Jan 2023
- Next SEC filing
- 22 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- Jacob D. Smith, Principal and General Counsel for Luther King Capital Management Corporation
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
KING LUTHER CAPITAL MANAGEMENT CORP filed Form 4 for TXO Energy Partners, L.P. (TXO) on 02 Feb 2023.
Change
- Previous filing in this sequence was filed on 26 Jan 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TXO
transaction
Common Units
Conversion of derivative security
- Transaction value
- Shares
- +1,065,798
- Change %
- +71%
- Price
- Shares after
- 2,561,530
- Date
- 31 Jan 2023
- Ownership
- By MorningStar Partners II, L.P.
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TXO
transaction
Derivative
Series 5 Preferred Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -208
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Jan 2023
- Ownership
- See footnotes
- Underlying class
- Common Units
- Underlying amount
- 1,065,798
- Exercise price
- Footnotes
- F1, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Immediately prior to the closing of the Issuer's initial public offering, the Issuer's Series 5 preferred units automatically converted into common units of the Issuer.
Footnote F2
Reflects securities acquired in a transaction exempt from reporting pursuant to Rule 16a-13.
Footnote F3
Reflects the number of common units beneficially owned following a 1-for-25.33 reverse unit split effected by the Issuer on January 31, 2023, which was exempt from reporting pursuant to Rule 16a-9.
Footnote F4
The securities reported include (1) 507,909 common units underlying Series 5 preferred units held by LKCM Investment Partnership, L.P. and (ii) 557,889 common units underlying Series 5 preferred units held by PDLP Morningstar, LLC.
Footnote F5
LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LKCM Investment Partnership, L.P. (LIP). LKCM Private Discipline Management, L.P. (PDP GP) is the sole holder of management shares of LKCM Private Discipline Master Fund, SPC (PDP). PDLP Morningstar, LLC (PDLP Morningstar) is a wholly owned subsidiary of PDP. Luther King Capital Management Corporation (LKCM) serves as the investment adviser to each of LIP and PDP. J. Luther King, Jr. serves as the President of LKCM.
Footnote F6
LKCM has voting and investment power over the securities beneficially owned by each of LIP and PDP. Accordingly, each of J. Luther King, Jr. and LKCM may be deemed to be the beneficial owners of the Series 5 preferred units held by each of LIP and PDP, but each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.