Filing Details
- Accession Number:
- 0001719890-23-000063
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-04 17:09:06
- Reporting Period:
- 2023-12-01
- Accepted Time:
- 2023-12-04 17:09:06
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1724009 | Permrock Royalty Trust | PRT | () | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1719890 | Boaz Energy Ii, Llc | 3300 N. A Street Bldg. 7 #150 Midland TX 79705 | No | No | Yes | No | |
1844114 | E Karan Eves | 3300 N. A. Street Building 7 Midland TX 79705 | No | No | Yes | No | |
1844137 | J Marshall Eves | 3300 N. A. Street Building 7 Midland TX 79705 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Trust Units Representing Beneficial Interest | Disposition | 2023-12-01 | 1,700 | $4.81 | 5,033,761 | No | 4 | S | Direct | |
Trust Units Representing Beneficial Interest | Disposition | 2023-12-01 | 120,000 | $0.00 | 4,913,761 | No | 4 | J | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | J | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Trust Units Representing Beneficial Interest | 4,400 | Indirect | See Footnote |
Trust Units Representing Beneficial Interest | 4,400 | Indirect | See Footnote |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on October 25, 2023.
- The price reported in Column 4 is a weighted average price. The Trust Units representing Beneficial Interests in the Issuer ("Trust Units") were sold in multiple transactions at prices ranging from $4.88 to $4.77 inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of Trust Units sold at each separate price within the range set forth in this footnote.
- This form is filed jointly by each of the reporting persons. Boaz Energy II, LLC ("Boaz Energy") directly owns 5,035,461 Trust Units. Karan Eves and Marshall Eves are husband and wife. Each of Karan Eves and Marshall Eves directly owns 4,400 Trust Units and 38.94% of the limited liability company interests in, and serves as a manager of, Boaz Energy, and may be deemed to indirectly beneficially own the Trust Units held directly by Boaz Energy.
- On December 1, 2023, Boaz Energy II, LLC, a Delaware limited liability company ("Boaz Energy") granted Trust Units representing beneficial interests in the Issuer ("Trust Units") to certain employees of Boaz Energy pursuant to individual Trust Unit Agreements entered into between Boaz Energy and such employees. No consideration was paid to Boaz Energy in respect of such grants.