NGP X US Holdings LP 3
3 · PermRock Royalty Trust · Filed May 7, 2018
Insider Transaction Report
Form 3
Boaz Energy II, LLC
10% Owner
Holdings
- 12,165,732
Trust Units representing Beneficial Interests
Footnotes (2)
- [F1]Pursuant to a Conveyance of Net Profits Interest agreement (the "Conveyance") entered into between Boaz Energy II, LLC ("Boaz Energy") and Boaz Energy II Royalty, LLC, a wholly-owned subsidiary of Boaz Energy ("Boaz Royalty" and, together with Boaz Energy, the "Boaz Group"), the Boaz Group conveyed a net profits interest in certain properties located in the Permian Basin in Texas to the Issuer, effective as of January 1, 2018, in exchange for 12,165,732 units in the Issuer (the "Trust Units"). The Securities and Exchange Commission declared the Issuer's Registration Statement on Form S-1 (File No. 333-224191) relating to an offering of the Trust Units effective on May 1, 2018.
- [F2]This form is filed jointly by each of the undersigned entities. Boaz Energy directly owns the Trust Units. All other reporting persons' ownership is indirect through Boaz Energy.