TYLER GLOVER - 29 Dec 2022 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Signature
/s/ Micheal W. Dobbs, attorney-in-fact
Issuer symbol
TPL
Transactions as of
29 Dec 2022
Transactions value $
-$708,733
Form type
4
Filing time
30 Dec 2022, 15:05:45 UTC
Previous filing
15 Feb 2022
Next filing
14 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Tax liability -$708,733 -304 -20.5% $2331.36 1,180 29 Dec 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TPL Restricted Stock Units 1,250 29 Dec 2022 Common Stock 1,250 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F2 Includes 480 shares that will vest on December 29, 2023.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 416 will vest on February 11 of each of 2023 and 2024 and 418 will vest on February 11, 2025.