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Filing Details

Accession Number:: 0000899243-19-011176
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-04-25 21:53:30
Reporting Period:: 2019-04-23

Accepted Time:: 2019-04-25 21:53:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1745797	Brigham Minerals Inc.	MNRL	Crude Petroleum & Natural Gas (1311)	831106283

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1773353	C. Blake Williams	5914 W. Courtyard Drive, Suite 100 Austin TX 78730	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2019-04-23	59,101	$0.00	59,101	No	4	A	Direct
Class A Common Stock	Acquisiton	2019-04-23	19,444	$18.00	78,545	No	4	P	Direct
Class B Common Stock	Acquisiton	2019-04-23	101,324	$0.00	101,324	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	P	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Brigham Minerals Holdings, LLC Units	Acquisiton	2019-04-23	101,324	$0.00	101,324	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
101,324			No	4	A	Direct

Footnotes

Award of restricted stock units pursuant to the Brigham Minerals, Inc. 2019 Long Term Incentive Plan. The award vests in three equal installments on December 31, 2019, December 31, 2020 and December 31, 2021, subject to continued employment through each vesting date.
Reporting Person purchased the shares of Class A common stock reported herein directly from the underwriters in connection with the Issuer's initial public offering (the "Offering").
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 stockholders generally.
Upon the closing of the Offering, (i) the Limited Liability Company Agreement of Brigham Minerals Holdings, LLC ("BMH LLC"), of which the Issuer is the managing member, was amended and restated (as amended and restated, the "BMH LLC Agreement") to, among other things, convert all of the membership interests in BMH LLC held by its existing owners, into a single class of units in BMH LLC referred to as BMH LLC Units and (ii) BMH LLC distributed to its members, including the Reporting Person, one share of Class B common stock for each BMH LLC Unit held by such members.
33,779 of the BMH LLC Units owned by the Reporting Person are subject to time-based vesting requirements requiring the continued employment of the Reporting Person through each vesting date.
Subject to the terms of the BMH LLC Agreement, each holder of BMH LLC Units may cause BMH LLC to acquire all or a portion of its BMH LLC Units for, at BMH LLC's election, (i) shares of Class A common stock of the Issuer (at a redemption ratio of one share of Class A common stock for each BMH LLC Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions) or (ii) an equivalent amount of cash.