MORIYAMA LESLIE A 4
4 · DORCHESTER MINERALS, L.P. · Filed Dec 17, 2024
Insider Transaction Report
Form 4
MORIYAMA LESLIE A
Chief Financial Officer
Transactions
- Tax Payment
Common Units
2024-12-13−1,626→ 80,632 total - Exercise/Conversion
Common Units
2024-12-13+4,351→ 82,258 total - Exercise/Conversion
Notional Units
2024-12-13−4,351→ 8,701 total→ Common Units (4,351 underlying)
Footnotes (3)
- [F1]These common units are held by Ms. Moriyama in her individual name, jointly with her spouse or in her Individual Retirement Account.
- [F2]Represents payment of tax liability incident to the grant of common units awarded to the reporting person on December 13, 2024 pursuant to an equity incentive plan, by withholding common units from such grant.
- [F3]Notional Units granted on December 15, 2023, pursuant to the Dorchester Minerals Management LP Equity Incentive program. Each Notional Unit entitles the holder to receive either (1) the number of common units representing limited partnership interests in Dorchester Minerals, L.P. (the "Common Units") equal to the number of Notional Units that become vested or (2) the cash equivalent at the time of vesting of the number of Common Units equal to the number of Notional Units that become vested. One-third of the Notional Units vest on each anniversary of the date of the award agreement over a three year period beginning on December 15, 2024. Vested Notional Units are settled within 60 days after the date on which they vest.