Form 4 for TXO TXO Partners, L.P.
Accepted 2023-02-02 00:00:00 ET · period of report 2023-01-31 · accession 0000899243-23-003393 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-02 | 2023-01-31 | TXO | Agosta Scott T. | See Remarks | A - Grant | $0.00 | +50.0K | 50.0K | New | $0 |
| DI | 2023-02-02 | 2023-01-31 | TXO | Agosta Scott T. | See Remarks | C - Cnv Deriv | — | +19.6K | 58.5K | +51% | — |
| D | 2023-02-02 | 2023-01-31 | TXO | Agosta Scott T. | See Remarks | C - Cnv Deriv | $0.00 | -3.83 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Units | 2023-01-31 | A | A | 50,000 | $0.00 | 50,000 | D | — | — | (F4) Reflects phantom units. Each phantom unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The phantom units will vest in three substantially equal annual installments beginning on January 31, 2024. |
| 2 | Common | Common Units | 2023-01-31 | C | A | 19,646 | — | 58,462 | I By MorningStar Partners II, L.P. | — | — | (F1) Immediately prior to the closing of the Issuer's initial public offering, the Issuer's series 5 preferred units automatically converted into common units of the Issuer. (F2) Reflects securities acquired in a transaction exempt from reporting pursuant to Rule 16a-13. (F3) Reflects the number of units beneficially held following a 1-for-25.33 reverse unit split effected by the Issuer on January 31, 2023, which was exempt from reporting pursuant to Rule 16a-9. |
| 3 | Derivative | Series 5 Preferred Units | 2023-01-31 | C | D | 3.83 | $0.00 | 0 | D | — · — to 2024-10-15 | 19,646 Common Units | (F1) Immediately prior to the closing of the Issuer's initial public offering, the Issuer's series 5 preferred units automatically converted into common units of the Issuer. |