4//SEC Filing
YT Brigham Associates LLC 4
Accession 0001140361-19-022861
CIK 0001745797other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 9:12 PM ET
Size
11.7 KB
Accession
0001140361-19-022861
Insider Transaction Report
Form 4
YT Brigham Associates LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2019-12-16$17.38/sh−643,931$11,188,945→ 0 total(indirect: See Footnote) - Conversion
Brigham Minerals Holdings, LLC Units
2019-12-16−643,931→ 2,153,623 total(indirect: See Footnote)→ Class A Common Stock (643,931 underlying) - Conversion
Class B Common Stock
2019-12-16−643,931→ 2,153,623 total(indirect: See Footnote) - Conversion
Class A Common Stock
2019-12-16+643,931→ 643,931 total(indirect: See Footnote)
Footnotes (4)
- [F1]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 shareholders generally. At the request of the holder, each common unit (each, a "Common Unit") of Brigham Minerals Holdings, LLC ("Brigham LLC") may be coupled with a share of Class B common stock and redeemed for, at Brigham LLC's election, newly-issued shares of Class A common stock on a one-for-one basis or a cash payment equal to a volume weighted average closing price of one share of Class A common stock for each Common Unit redeemed for the 10 trading days prior to the date the holder requests redemption. The Common Units do not expire.
- [F2]On December 16, 2019, YT Brigham Co Investment Partners, LP ("YT Brigham") requested that 643,931 shares of Class B common stock and 643,931 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 643,931 shares of Class A common stock.
- [F3]The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
- [F4]These securities are owned directly by YT Brigham. The reporting person is a member and manager of YT Brigham Associates LLC, the general partner of YT Brigham Company LP, the general partner of YT Brigham.
Documents
Issuer
Brigham Minerals, Inc.
CIK 0001745797
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001775693
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 9:12 PM ET
- Size
- 11.7 KB