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Newman Howard H's Form 4 filing

MNRL Sub Inc. (MNRL) · filed Jun 27, 2022

Accession no.
0001140361-22-024203
Filed
Jun 27, 2022, 9:02 PM ET
Trade date
Jun 23, 2022
Filing delay
4 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 9 non-derivative transactions and 3 derivative transactions. Open-market sales total $1.05M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Newman Howard HCIK 0001013026Director
Pine Brook Capital Partners II, L.P.CIK 0001556984Director
Pbra, LLCCIK 0001615816Director
Pine Brook Road Advisors, L.P.CIK 0001630691Director
Pine Brook PD Intermediate, L.P.CIK 0001751124Director
Pine Brook BXP Intermediate, L.P.CIK 0001774257Director
Pine Brook Road Associates II, L.P.CIK 0001774259Director
Pine Brook BXP II Intermediate, L.P.CIK 0001774260Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 23, 2022Class A Common Stock, par value $0.01SSaleDisposed−14,062$25.21F3−$354,549.420Indirect
Jun 23, 2022Class A Common Stock, par value $0.01SSaleDisposed−23,638$25.21F3−$595,991.990Indirect
Jun 23, 2022Class A Common Stock, par value $0.01SSaleDisposed−3,803$25.21F3−$95,886.180Indirect
Jun 23, 2022Class B Common Stock, par value $0.01CConversionDisposed−154,494–F7–730,165Indirect
Jun 23, 2022Class A Common Stock, par value $0.01CConversionAcquired+154,494–F7–0Indirect
Jun 23, 2022Class B Common Stock, par value $0.01CConversionDisposed−259,691–F8–1,227,346Indirect
Jun 23, 2022Class A Common Stock, par value $0.01CConversionAcquired+259,691–F8–0Indirect
Jun 23, 2022Class B Common Stock, par value $0.01CConversionDisposed−41,779–F9–197,458Indirect
Jun 23, 2022Class A Common Stock, par value $0.01CConversionAcquired+41,779–F9–0Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jun 23, 2022Class A Common Stock, par value $0.01CConversionDisposed−154,494$0.00$0730,165Indirect
Jun 23, 2022Class A Common Stock, par value $0.01CConversionDisposed−259,691$0.00$01,227,346Indirect
Jun 23, 2022Class A Common Stock, par value $0.01CConversionDisposed−41,779$0.00$0197,458Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

The price reported in Column 4 is a volume weighted average market price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.32, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 3 transactions in Table I.

F7

Pine Brook BXP Intermediate, L.P. requested that 154,494 shares of Class B common stock and 154,494 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 154,494 shares of Class A common stock.

Referenced by the price of 2 transactions in Table I.

F8

Pine Brook BXP II Intermediate, L.P. requested that 259,691 shares of Class B common stock and 259,691 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 259,691 shares of Class A common stock.

Referenced by the price of 2 transactions in Table I.

F9

Pine Brook PD Intermediate, L.P. requested that 41,779 shares of Class B common stock and 41,779 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 41,779 shares of Class A common stock.

Referenced by the price of 2 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)