Blake C. Williams - 06 Jan 2022 Form 4 Insider Report for Brigham Minerals, Inc.

Signature
/s/ Blake C. Williams, by Kari A. Potts as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 Jan 2022
Net transactions value
-$504,135
Form type
4
Filing time
10 Jan 2022, 15:20:06 UTC
Previous filing
04 Jun 2021
Next filing
24 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNRL Class B Common Stock Award $0 +4,320 +4.3% $0.000000 105,729 06 Jan 2022 Direct F1
transaction MNRL Class A Common Stock Tax liability $504,135 -23,904 -15% $21.09 133,587 10 Jan 2022 Direct F2, F3

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
transaction MNRL Brigham Minerals Holdings, LLC Units Award $0 +4,320 +4.3% $0.000000 105,729 06 Jan 2022 Class A Common Stock 4,320 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class B common stock distributed to the Reporting Person due to a forfeiture reallocation. Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose in connection with the vesting and settlement of certain restricted stock units.
F3 Includes 60,945 restricted stock units awarded pursuant to the Brigham Minerals, Inc. 2019 Long Term Incentive Plan, which are subject to time based vesting upon continued employment through the applicable vesting dates.
F4 Represents units of Brigham Minerals Holdings, LLC ("BMH LLC"), of which the Issuer is the managing member, distributed to the Reporting Person due to a forfeiture reallocation. Subject to the terms of the limited liability company agreement of BMH LLC, such units (together with a corresponding number of shares of Class B common stock) are exchangeable from time to time for shares of Class A common stock of the Issuer.