H. Michael Krimbill - Feb 13, 2025 Form 4 Insider Report for NGL Energy Partners LP (NGL)

Role: Chief Executive Officer, Director
Signature: s/H. Michael Krimbill
Stock symbol: NGL
Transactions as of: Feb 13, 2025
Transactions value $: $462,555
Form type: 4
Date filed: 2/18/2025, 08:56 AM
Previous filing: Dec 16, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NGL	Common Units	Purchase	$112K	+26K	+0.88%	$4.32	2.96M	Feb 13, 2025	Direct	F1, F2
transaction	NGL	Common Units	Purchase	$67.4K	+15K	+2.55%	$4.49	603K	Feb 13, 2025	SEE FTN	F3, F4
transaction	NGL	Common Units	Purchase	$67K	+14K	+0.47%	$4.78	2.98M	Feb 14, 2025	Direct	F5, F6
transaction	NGL	Common Units	Purchase	$216K	+45K	+7.46%	$4.80	648K	Feb 14, 2025	SEE FTN	F4, F7
holding	NGL	Common Units						130K	Feb 13, 2025	SEE FTN	F8
holding	NGL	Common Units						905K	Feb 13, 2025	SEE FTN	F9
holding	NGL	Common Units						364K	Feb 13, 2025	SEE FTN	F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price is the weighted average price of the common units reported on this line. The range of prices from the transactions reported on this line is between $4.25 and $4.40. Complete information regarding the number of common units purchased at each separate price will be provided upon request by the Commission Staff, the Issuer or a security holder of the Issuer.
F2	103,983 of these units are owned directly by Stifel Nicolaus as Custodian for Michael Krimbill IRA controlled by the Reporting Person as the sole beneficiary of the account.
F3	The price is the weighted average price of the common units reported on this line. The range of prices from the transactions reported on this line is between $4.3724 and $4.52. Complete information regarding the number of common units purchased at each separate price will be provided upon request by the Commission Staff, the Issuer or a security holder of the Issuer.
F4	These units are owned directly by Krimbill Enterprises LP and controlled by the Reporting Person via his ownership of its general partner, Krimbill Holding Company. The Reporting Person exercises the sole voting and disposition power for Krimbill Enterprises LP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 or any other purpose.
F5	The price is the weighted average price of the common units reported on this line. The range of prices from the transactions reported on this line is between $4.5917 and $4.783. Complete information regarding the number of common units purchased at each separate price will be provided upon request by the Commission Staff, the Issuer or a security holder of the Issuer.
F6	118,000 of these units are owned directly by Stifel Nicolaus as Custodian for Michael Krimbill IRA controlled by the Reporting Person as the sole beneficiary of the account.
F7	The price is the weighted average price of the common units reported on this line. The range of prices from the transactions reported on this line is between $4.6877 and $4.8899. Complete information regarding the number of common units purchased at each separate price will be provided upon request by the Commission Staff, the Issuer or a security holder of the Issuer.
F8	These units are owned directly by Krimbill Enterprises LP II and controlled by the Reporting Person via his ownership of its general partner, Krimbill Holding Company. The Reporting Person exercises the sole voting and disposition power for Krimbill Enterprises LP II. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 or any other purpose.
F9	These units are owned directly by Krim2010, LLC, which is owned by Krimbill Enterprises LP, the Reporting Person and James E. Krimbill. The Reporting Person exercises the sole voting and disposition power for Krimbill Enterprises LP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 or any other purpose.
F10	These units are owned directly by KrimGP2010, LLC, which is solely owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 or any other purpose.