Key facts
- This page summarizes GREP GP III, LLC's Form 4 filing for Granite Ridge Resources, Inc. (GRNT).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 15 Sep 2023, 17:28.
GREP GP III, LLC - 15 Sep 2023 Form 4 Insider Report for Granite Ridge Resources, Inc. (GRNT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- GRNT
- Reported as of
- 15 Sep 2023
- Net transaction value
- -$40,825,000
- SEC form
- 4
- Accepted by SEC
- 15 Sep 2023, 17:28:25 UTC
- Prior SEC filing
- 30 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Emily Fuquay, by power of attorney for GREP GP III, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
GREP GP III, LLC filed Form 4 for Granite Ridge Resources, Inc. (GRNT) on 15 Sep 2023.
Change
- Previous filing in this sequence was filed on 30 Aug 2023.
- Current net transaction value: -$40,825,000.
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.
GRNT
transaction
Common Stock, par value $0.0001 per share
Sale
- Transaction value
- $12,386,305
- Shares
- -2,477,261
- Change %
- -13%
- Price
- $5.00
- Shares after
- 16,800,468
- Date
- 15 Sep 2023
- Ownership
- See footnote
- Footnotes
- F1, F2, F3, F6
GRNT
transaction
Common Stock, par value $0.0001 per share
Sale
- Transaction value
- $28,438,695
- Shares
- -5,687,739
- Change %
- -13%
- Price
- $5.00
- Shares after
- 38,563,817
- Date
- 15 Sep 2023
- Ownership
- See footnote
- Footnotes
- 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
Shares were disposed of by GREP Holdco III-A, LLC in an underwritten secondary public offering, including the exercise by the underwriters of an overallotment option. The shares were sold at a public offering price of $5.00 per share, and the underwriters received an underwriting discount of $0.40 per share, resulting in a net price of $4.60 per share.
Footnote F2
These shares are owned directly by Holdco III-A. Holdco III-A is indirectly controlled by GREP GP III, LLC ("Fund III GP"). Fund III GP is the sole general partner of Grey Rock Energy Partners GP III, L.P. ("GREP GP III"), which is the sole member of GREP GP III Holdings, LLC ("GREP GP III Holdings"), which is the sole general partner of Grey Rock Energy Partners GP III-A, L.P. ("GP III-A"). GP III-A is the sole general partner of Grey Rock Energy Fund III-A, LP ("Fund III-A"), which is the sole member of Holdco III-A.
Footnote F3
As a result, Fund III GP, GREP GP III and GREP GP III Holdings may be deemed to share the power to vote or direct the vote or to dispose or direct the disposition of the Granite Ridge Resources, Inc. ("Granite Ridge") common stock owned by Holdco III-A. Fund III GP, GREP GP III, GREP GP III Holdings, GP III-A and Fund III-A disclaim beneficial ownership of the Granite Ridge common stock held by Holdco III-A in excess of such entity's pecuniary interest therein.
Footnote F4
Shares were disposed of by GREP Holdco III-B Holdings, LLC in an underwritten secondary public offering, including the exercise by the underwriters of an overallotment option. The shares were sold at a public offering price of $5.00 per share, and the underwriters received an underwriting discount of $0.40 per share, resulting in a net price of $4.60 per share.
Footnote F5
These shares are owned directly by Holdco III-B. Holdco III-B is indirectly controlled Fund III GP. GREP GP III Holdings is the sole general partner of Grey Rock Energy Partners GP III-B, L.P. ("GP III-B"). GP III-B is the sole general partner of each of Grey Rock Energy Fund III-B, LP ("Fund III-B") and Grey Rock Energy Fund III-B Holdings, L.P. ("Fund III-B Holdings"). Fund III-B and Fund III-B Holdings are the sole members of Holdco III-B. As a result, Fund III GP, GREP GP III, GREP GP III Holdings, GP III-B, Fund III-B and Fund III-B Holdings may be deemed to share the power to vote or direct the vote or to dispose or direct the disposition of the Granite Ridge common stock owned by Holdco III-B. Fund III GP, GREP GP III, GREP GP III Holdings, GP III-B, Fund III-B and Fund III-B Holdings disclaim beneficial ownership of the Granite Ridge common stock held by Holdco III-B in excess of such entity's pecuniary interest therein.
Footnote F6
Fund III GP and GREP GP III may also be deemed to share the power to vote or direct the vote or to direct the disposition of Granite Ridge common stock held by parties to a Voting Agreement, as described in more detail in the Schedule 13D filed by Fund III GP, GREP GP III and the other parties to the Voting Agreement on September 1, 2023, as it may be amended from time to time. Fund III GP and GREP GP III disclaim beneficial ownership of the Granite Ridge common stock held by parties to the Voting Agreement in excess of such entity's pecuniary interest therein.