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Stahl Murray's Form 4/A amendment

Amended

Texas Pacific Land Corp (TPL) · filed Feb 17, 2022

Accession no.
0001207097-22-000069
Filed
Feb 17, 2022, 2:38 PM ET
Trade date
Feb 16, 2022
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Feb 17, 2022

This filing lists 5 non-derivative transactions. Open-market purchases total $20.4K. It was filed 1 day after the trade.

This amendment replaces 0001207097-22-000067 (filed Feb 17, 2022).

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
Stahl MurrayCIK 0001207097Director
Horizon Kinetics Asset Management LLCCIK 000105682310% Owner

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
Feb 16, 2022Common StockPPurchaseAcquired+1$1,020.38+$1,020.3843,034Indirect
Feb 16, 2022Common StockPPurchaseAcquired+2$1,020.38+$2,040.76103,379Indirect
Feb 16, 2022Common StockPPurchaseAcquired+2$1,020.38+$2,040.761,257Indirect
Feb 16, 2022Common StockPPurchaseAcquired+3$1,020.38+$3,061.141,579Direct
Feb 16, 2022Common StockPPurchaseAcquired+12$1,020.38+$12,244.56214,300Indirect

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.

F1

The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any account managed by Horizon except to the extent of his pecuniary interest, if any.

F2

Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer.

F3

The amount reported as held following the transaction excludes approximately 1,274,576 shares as noted in Horizon's Schedule 13D filed on February 2, 2022, for which Horizon does not have a pecuniary interest and also excludes shares purchased by portfolio managers and other employees of the firm for their personal accounts.

F4

The amount of common shares of the Issuer reported excludes partnerships and other accounts in which Mr. Stahl has a controlling interest and are reported separately. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Manager but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any of the accounts managed by Horizon except to the extent of his pecuniary interest, if any.

F5

This is to correct the erroneous date of transaction previously stated as 02/16/21 instead of 02/16/22

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