Edenbrook Capital, LLC - 21 Dec 2023 Form 4 Insider Report for PHX MINERALS INC. (PHX)

Role
10%+ Owner
Signature
Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member
Issuer symbol
PHX
Transactions as of
21 Dec 2023
Net transactions value
-$4,898,408
Form type
4
Filing time
26 Dec 2023, 16:56:44 UTC
Previous filing
13 Nov 2023
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHX Class A Common Stock Sale $4,898,408 -1,575,000 -30% $3.11 3,679,546 21 Dec 2023 See footnotes F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Edenbrook Capital, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The securities reported herein are held in the accounts of private funds. Edenbrook Capital, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such private funds. Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 for any other purpose.