Filing Details

Accession Number:
0001140361-21-008757
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-16 17:53:27
Reporting Period:
2021-03-12
Accepted Time:
2021-03-16 17:53:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1745797 Brigham Minerals Inc. MNRL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1370287 Jr Howard W Keenan C/O Yorktown Partners Llc
410 Park Avenue, 20Th Floor
New York NY 10022
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Disposition 2021-03-12 1,308 $0.00 186,067 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-12 1,308 $0.00 1,308 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-12 1,308 $16.41 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-12 13,435 $0.00 1,909,840 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-12 13,435 $0.00 13,435 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-12 13,435 $16.41 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-12 5,410 $0.00 768,393 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-12 5,410 $0.00 5,410 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-12 5,410 $16.41 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-12 10,788 $0.00 1,532,797 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-12 10,788 $0.00 10,788 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-12 10,788 $16.41 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-15 168 $0.00 185,899 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-15 168 $0.00 168 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-15 168 $16.35 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-15 1,726 $0.00 1,908,114 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-15 1,726 $0.00 1,726 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-15 1,726 $16.35 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-15 695 $0.00 767,698 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-15 695 $0.00 695 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-15 695 $16.35 0 No 4 S Indirect See footnote
Class B Common Stock Disposition 2021-03-15 1,386 $0.00 1,531,411 No 4 C Indirect See footnote
Class A Common Stock Acquisiton 2021-03-15 1,386 $0.00 1,386 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-03-15 1,386 $16.35 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-12 1,308 $0.00 1,308 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-12 13,435 $0.00 13,435 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-12 5,410 $0.00 5,410 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-12 10,788 $0.00 10,788 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-15 168 $0.00 168 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-15 1,726 $0.00 1,726 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-15 695 $0.00 695 $0.00
Class A Common Stock Brigham Minerals Holdings, LLC Units Disposition 2021-03-15 1,386 $0.00 1,386 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
186,067 No 4 C Indirect
1,909,840 No 4 C Indirect
768,393 No 4 C Indirect
1,532,797 No 4 C Indirect
185,899 No 4 C Indirect
1,908,114 No 4 C Indirect
767,698 No 4 C Indirect
1,531,411 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 18,872 Direct
Footnotes
  1. 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.
  2. On March 12, 2021, Yorktown Energy Partners IX, L.P. ("Yorktown IX") requested that 1,308 shares of Class B common stock and 1,308 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 1,308 shares of Class A common stock.
  3. The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.
  4. These securities are owned directly by Yorktown IX. The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.25 to $16.53, inclusive. The reporting person undertakes to provide to Brigham Minerals, Inc. (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 (5) and (13) to this Form 4.
  6. On March 12, 2021, Yorktown Energy Partners X, L.P. ("Yorktown X") requested that 13,435 shares of Class B common stock and 13,435 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 13,435 shares of Class A common stock.
  7. These securities are owned directly by Yorktown X. The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.
  8. On March 12, 2021, Yorktown Energy Partners XI, L.P. ("Yorktown XI") requested that 5,410 shares of Class B common stock and 5,410 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 5,410 shares of Class A common stock.
  9. These securities are owned directly by Yorktown XI. The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.
  10. On March 12, 2021, YT Brigham Co Investment Partners, LP ("YT Brigham") requested that 10,788 shares of Class B common stock and 10,788 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 10,788 shares of Class A common stock.
  11. 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.
  12. On March 15, 2021, Yorktown IX requested that 168 shares of Class B common stock and 168 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 168 shares of Class A common stock.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.25 to $16.56, inclusive.
  14. On March 15, 2021, Yorktown X requested that 1,726 shares of Class B common stock and 1,726 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 1,726 shares of Class A common stock.
  15. On March 15, 2021, Yorktown XI requested that 695 shares of Class B common stock and 695 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 695 shares of Class A common stock.
  16. On March 15, 2021, YT Brigham requested that 1,386 shares of Class B common stock and 1,386 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 1,386 shares of Class A common stock.
  17. Includes 10,598 restricted stock units previously awarded pursuant to the Brigham Minerals, Inc. 2019 Long Term Incentive Plan. The award vests in full on the first anniversary of the grant date, subject to continued employment through the vesting date.