4//SEC Filing
SoftVest, LP 4
Accession 0001104659-25-069624
CIK 0000319654other
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 4:16 PM ET
Size
65.4 KB
Accession
0001104659-25-069624
Insider Transaction Report
Form 4
OLIVER ERIC L
10% Owner
Transactions
- Exercise of In-Money
Units of Beneficial Ownership
2025-06-20$12.50/sh+23,300$291,250→ 6,162,423 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-23$12.12/sh+20,165$244,400→ 6,182,588 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-06$1.30/sh−20$26→ 19,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-06Exp: 2025-06-20→ Units of Beneficial Ownership (2,000 underlying) - Purchase
Units of Beneficial Ownership
2025-07-01$12.40/sh+2,000$24,800→ 6,208,624 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-03$12.80/sh+2,000$25,600→ 6,217,107 total(indirect: By SoftVest, LP) - Expiration
Short Put Option (Obligation to buy)
2025-06-20−2,711→ 0 total(indirect: By SoftVest, LP)Exercise: $10.00Exp: 2025-06-20→ Units of Beneficial Ownership (271,100 underlying) - Purchase
Units of Beneficial Ownership
2025-06-11$11.49/sh+5,000$57,450→ 6,065,000 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-12$12.50/sh+20,300$253,750→ 6,108,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-18$12.11/sh+11,241$136,129→ 6,134,541 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-30$12.46/sh+4,000$49,840→ 6,206,624 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-05$1.50/sh−51$77→ 17,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-05Exp: 2025-06-20→ Units of Beneficial Ownership (5,100 underlying) - Purchase
Units of Beneficial Ownership
2025-06-20$11.96/sh+4,582$54,801→ 6,139,123 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-24$12.10/sh+7,138$86,370→ 6,189,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-26$12.31/sh+2,000$24,620→ 6,195,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-12$11.62/sh+22,000$255,640→ 6,088,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-02$12.78/sh+6,483$82,853→ 6,215,107 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-04$1.30/sh−100$130→ 12,500 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-04Exp: 2025-06-20→ Units of Beneficial Ownership (10,000 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-11$1.02/sh−200$204→ 39,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-11Exp: 2025-06-20→ Units of Beneficial Ownership (20,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-11−10→ 38,600 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (1,000 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-12$1.05/sh−50$53→ 43,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-12Exp: 2025-06-20→ Units of Beneficial Ownership (5,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-12−20.3→ 23,300 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (20,300 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-20−23.3→ 0 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (23,300 underlying) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-11$12.50/sh+1,000$12,500→ 6,066,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-17$12.08/sh+15,000$181,200→ 6,123,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-25$12.05/sh+4,000$48,200→ 6,193,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-27$12.51/sh+6,898$86,294→ 6,202,624 total(indirect: By SoftVest, LP)
Holdings
- 4,500(indirect: By LLC)
Units of Beneficial Ownership
- 4,500(indirect: By Debeck Properties)
Units of Beneficial Ownership
SoftVest Advisors, LLC
10% Owner
Transactions
- Exercise of In-Money
Units of Beneficial Ownership
2025-06-11$12.50/sh+1,000$12,500→ 6,066,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-20$11.96/sh+4,582$54,801→ 6,139,123 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-23$12.12/sh+20,165$244,400→ 6,182,588 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-01$12.40/sh+2,000$24,800→ 6,208,624 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-20$12.50/sh+23,300$291,250→ 6,162,423 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-11$11.49/sh+5,000$57,450→ 6,065,000 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-12$12.50/sh+20,300$253,750→ 6,108,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-18$12.11/sh+11,241$136,129→ 6,134,541 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-24$12.10/sh+7,138$86,370→ 6,189,726 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-06$1.30/sh−20$26→ 19,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-06Exp: 2025-06-20→ Units of Beneficial Ownership (2,000 underlying) - Purchase
Units of Beneficial Ownership
2025-07-03$12.80/sh+2,000$25,600→ 6,217,107 total(indirect: By SoftVest, LP) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-12−20.3→ 23,300 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (20,300 underlying) - Expiration
Short Put Option (Obligation to buy)
2025-06-20−2,711→ 0 total(indirect: By SoftVest, LP)Exercise: $10.00Exp: 2025-06-20→ Units of Beneficial Ownership (271,100 underlying) - Purchase
Units of Beneficial Ownership
2025-06-12$11.62/sh+22,000$255,640→ 6,088,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-17$12.08/sh+15,000$181,200→ 6,123,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-25$12.05/sh+4,000$48,200→ 6,193,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-26$12.31/sh+2,000$24,620→ 6,195,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-02$12.78/sh+6,483$82,853→ 6,215,107 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-04$1.30/sh−100$130→ 12,500 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-04Exp: 2025-06-20→ Units of Beneficial Ownership (10,000 underlying) - Purchase
Units of Beneficial Ownership
2025-06-27$12.51/sh+6,898$86,294→ 6,202,624 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-30$12.46/sh+4,000$49,840→ 6,206,624 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-05$1.50/sh−51$77→ 17,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-05Exp: 2025-06-20→ Units of Beneficial Ownership (5,100 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-11$1.02/sh−200$204→ 39,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-11Exp: 2025-06-20→ Units of Beneficial Ownership (20,000 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-12$1.05/sh−50$53→ 43,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-12Exp: 2025-06-20→ Units of Beneficial Ownership (5,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-11−10→ 38,600 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (1,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-20−23.3→ 0 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (23,300 underlying)
Holdings
- 4,500(indirect: By LLC)
Units of Beneficial Ownership
- 4,500(indirect: By Debeck Properties)
Units of Beneficial Ownership
SoftVest, LP
10% Owner
Transactions
- Sale
Short Put Option (Obligation to buy)
2025-06-06$1.30/sh−20$26→ 19,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-06Exp: 2025-06-20→ Units of Beneficial Ownership (2,000 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-11$1.02/sh−200$204→ 39,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-11Exp: 2025-06-20→ Units of Beneficial Ownership (20,000 underlying) - Purchase
Units of Beneficial Ownership
2025-06-11$11.49/sh+5,000$57,450→ 6,065,000 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-12$12.50/sh+20,300$253,750→ 6,108,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-18$12.11/sh+11,241$136,129→ 6,134,541 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-20$12.50/sh+23,300$291,250→ 6,162,423 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-26$12.31/sh+2,000$24,620→ 6,195,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-27$12.51/sh+6,898$86,294→ 6,202,624 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-02$12.78/sh+6,483$82,853→ 6,215,107 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-04$1.30/sh−100$130→ 12,500 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-04Exp: 2025-06-20→ Units of Beneficial Ownership (10,000 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-05$1.50/sh−51$77→ 17,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-05Exp: 2025-06-20→ Units of Beneficial Ownership (5,100 underlying) - Purchase
Units of Beneficial Ownership
2025-06-23$12.12/sh+20,165$244,400→ 6,182,588 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-24$12.10/sh+7,138$86,370→ 6,189,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-25$12.05/sh+4,000$48,200→ 6,193,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-30$12.46/sh+4,000$49,840→ 6,206,624 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-01$12.40/sh+2,000$24,800→ 6,208,624 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-03$12.80/sh+2,000$25,600→ 6,217,107 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-12$1.05/sh−50$53→ 43,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-12Exp: 2025-06-20→ Units of Beneficial Ownership (5,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-20−23.3→ 0 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (23,300 underlying) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-11$12.50/sh+1,000$12,500→ 6,066,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-17$12.08/sh+15,000$181,200→ 6,123,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-20$11.96/sh+4,582$54,801→ 6,139,123 total(indirect: By SoftVest, LP) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-11−10→ 38,600 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (1,000 underlying) - Expiration
Short Put Option (Obligation to buy)
2025-06-20−2,711→ 0 total(indirect: By SoftVest, LP)Exercise: $10.00Exp: 2025-06-20→ Units of Beneficial Ownership (271,100 underlying) - Purchase
Units of Beneficial Ownership
2025-06-12$11.62/sh+22,000$255,640→ 6,088,000 total(indirect: By SoftVest, LP) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-12−20.3→ 23,300 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (20,300 underlying)
Holdings
- 4,500(indirect: By LLC)
Units of Beneficial Ownership
- 4,500(indirect: By Debeck Properties)
Units of Beneficial Ownership
SoftVest GP I, LLC
10% Owner
Transactions
- Exercise of In-Money
Units of Beneficial Ownership
2025-06-12$12.50/sh+20,300$253,750→ 6,108,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-18$12.11/sh+11,241$136,129→ 6,134,541 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-20$12.50/sh+23,300$291,250→ 6,162,423 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-02$12.78/sh+6,483$82,853→ 6,215,107 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-03$12.80/sh+2,000$25,600→ 6,217,107 total(indirect: By SoftVest, LP) - Exercise of In-Money
Units of Beneficial Ownership
2025-06-11$12.50/sh+1,000$12,500→ 6,066,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-07-01$12.40/sh+2,000$24,800→ 6,208,624 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-11$1.02/sh−200$204→ 39,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-11Exp: 2025-06-20→ Units of Beneficial Ownership (20,000 underlying) - Purchase
Units of Beneficial Ownership
2025-06-20$11.96/sh+4,582$54,801→ 6,139,123 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-23$12.12/sh+20,165$244,400→ 6,182,588 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-25$12.05/sh+4,000$48,200→ 6,193,726 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-12$1.05/sh−50$53→ 43,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-12Exp: 2025-06-20→ Units of Beneficial Ownership (5,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-12−20.3→ 23,300 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (20,300 underlying) - Purchase
Units of Beneficial Ownership
2025-06-24$12.10/sh+7,138$86,370→ 6,189,726 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-04$1.30/sh−100$130→ 12,500 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-04Exp: 2025-06-20→ Units of Beneficial Ownership (10,000 underlying) - Sale
Short Put Option (Obligation to buy)
2025-06-06$1.30/sh−20$26→ 19,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-06Exp: 2025-06-20→ Units of Beneficial Ownership (2,000 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-11−10→ 38,600 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (1,000 underlying) - Expiration
Short Put Option (Obligation to buy)
2025-06-20−2,711→ 0 total(indirect: By SoftVest, LP)Exercise: $10.00Exp: 2025-06-20→ Units of Beneficial Ownership (271,100 underlying) - Purchase
Units of Beneficial Ownership
2025-06-11$11.49/sh+5,000$57,450→ 6,065,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-12$11.62/sh+22,000$255,640→ 6,088,000 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-17$12.08/sh+15,000$181,200→ 6,123,300 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-26$12.31/sh+2,000$24,620→ 6,195,726 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-27$12.51/sh+6,898$86,294→ 6,202,624 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Ownership
2025-06-30$12.46/sh+4,000$49,840→ 6,206,624 total(indirect: By SoftVest, LP) - Sale
Short Put Option (Obligation to buy)
2025-06-05$1.50/sh−51$77→ 17,600 total(indirect: By SoftVest, LP)Exercise: $12.50From: 2025-06-05Exp: 2025-06-20→ Units of Beneficial Ownership (5,100 underlying) - Exercise of In-Money
Short Put Option (Obligation to buy)
2025-06-20−23.3→ 0 total(indirect: By SoftVest, LP)Exercise: $12.50Exp: 2025-06-20→ Units of Beneficial Ownership (23,300 underlying)
Holdings
- 4,500(indirect: By LLC)
Units of Beneficial Ownership
- 4,500(indirect: By Debeck Properties)
Units of Beneficial Ownership
Footnotes (20)
- [F1]Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.05 to $12.20, inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.93 to $12.13, inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.04 to $12.05, inclusive.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.25 to $12.31, inclusive.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $12.55, inclusive.
- [F15]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.45 to $12.48, inclusive.
- [F16]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.63 to $12.84, inclusive.
- [F17]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.79 to $12.80, inclusive.
- [F18]The price reported in Column 8 is the weighted average of the premium received. These puts were written in multiple transactions with premiums ranging from $1.50 to $1.60. The reporting person undertakes 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 puts written at each separate premium amount within the ranges set forth in footnotes (18) and (19) to this Form 4.
- [F19]The price reported in Column 8 is the weighted average of the premium received. These puts were written in multiple transactions with premiums ranging from $1.00 to $1.05.
- [F2]Represents shares of securities owned by Debeck LLC and Debeck Properties LP, which Mr. Oliver controls. Mr. Oliver has sole voting and dispositive power with respect to such securities, but Mr. Oliver disclaims any beneficial ownership with respect to such securities except to the extent of his pecuniary therein.
- [F20]This short put option was written before the Reporting Persons became a Section 16 insider of the Issuer and therefore was reported on the Reporting Person's Form 3 filed on July 22, 2025, and as such the expiration of this option is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- [F3]The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 11, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share.
- [F4]The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 12, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share.
- [F5]The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 20, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.46 to $11.65, inclusive. The reporting person undertakes 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 footnotes (6) through (17) to this Form 4.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.06 to $12.10, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.06 to $12.15, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.94 to $11.98, inclusive.
Documents
Issuer
PERMIAN BASIN ROYALTY TRUST
CIK 0000319654
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001406386
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 4:16 PM ET
- Size
- 65.4 KB