Form 4 for TPL Texas Pacific Land Corporation
Accepted 2022-02-02 00:00:00 ET · period of report 2022-02-01 · accession 0001207097-22-000046 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-02-02 | 2022-02-01 | TPL | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% | J - Other | $1,075.00 | +77 | 103.3K | +0.1% | +$82.8K |
| MI | 2022-02-02 | 2022-02-01 | TPL | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% | P - Purchase | $1,122.26 | +17 | 103.3K | +0.0% | +$19.1K |
| 2022-02-02 | 2022-02-01 | TPL | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% | P - Purchase | $1,122.26 | +3 | 1,573 | +0.2% | +$3,367 | |
| 2022-02-02 | 2022-02-01 | TPL | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% | J - Other | $1,075.00 | -27 | 1,546 | -2% | -$29.0K |
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 Stock | 2022-02-01 | J | A | 27 | $1,075.00 | 103,307 | I | — | — | (F9) The amount reported as held reflects an increase in shares resulting from a journal entry transferring from an account in which Mr. Stahl has a direct interest to an account in which Mr. Stahl has a controlling interest and is reported separately. |
| 2 | Common | Common Stock | 2022-02-01 | J | A | 50 | $1,075.00 | 103,357 | I | — | — | (F10) The amount reported as held reflects an increase in shares resulting from a journal entry transferring from an account in which Mr. Stahl has non-controlling interest into an account in which Mr. Stahl has a controlling interest. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any of the accounts managed by Horizon except to the extent of his pecuniary interest, if any. |
| 3 | Common | Common Stock | 2022-02-01 | P | A | 2 | $1,122.26 | 1,253 | I Horizon Common Inc. | — | — | (F1) The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any account managed by Horizon except to the extent of his pecuniary interest, if any. |
| 4 | Common | Common Stock | 2022-02-01 | P | A | 3 | $1,122.26 | 1,573 | D Horizon Kinetics Asset Management LLC | — | — | (F2) Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. |
| 5 | Common | Common Stock | 2022-02-01 | P | A | 12 | $1,122.26 | 215,540 | I Horizon Common Inc. | — | — | (F3) The amount reported as held following the transaction excludes approximately 1,274,576 shares as noted in Horizon's Schedule 13D filed on February 2, 2022, for which Horizon does not have a pecuniary interest and also excludes shares purchased by portfolio managers and other employees of the firm for their personal accounts. (F5) This figure has been corrected less 1,689 shares due to a terminated account on January 29, 2021. The shares were distributed to the beneficial owner without consideration as a result of the termination of an investment management agreement with respect to the shares. (F4) The amount of common shares of the Issuer reported excludes partnerships and other accounts in which Mr. Stahl has a controlling interest and are reported separately. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Manager but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any of the accounts managed by Horizon except to the extent of his pecuniary interest, if any. |
| 6 | Common | Common Stock | 2022-02-01 | J | D | 18 | $1,075.00 | 1,235 | I Horizon Kinetics Hard Assets LLC | — | — | (F6) The amount reported as held reflects a decrease in shares resulting from a journal entry transferring from an account in which Mr. Stahl has a controlling interest to a separate account in which Mr. Stahl has a controlling interest and is reported separately. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any of the accounts managed by Horizon except to the extent of his pecuniary interest, if any. |
| 7 | Common | Common Stock | 2022-02-01 | J | A | 18 | $1,075.00 | 103,280 | I Horizon Kinetics Hard Assets LLC | — | — | (F7) The amount reported as held reflects an increase in shares resulting from a journal entry transferring from an account in which Mr. Stahl has a controlling interest to a separate account in which Mr. Stahl has a controlling interest and is reported separately. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any of the accounts managed by Horizon except to the extent of his pecuniary interest, if any. |
| 8 | Common | Common Stock | 2022-02-01 | J | D | 27 | $1,075.00 | 1,546 | D Horizon Kinetics Hard Assets LLC | — | — | (F8) The amount reported as held reflects a decrease in shares resulting from a journal entry transferring from an account in which Mr. Stahl has a direct interest to an account in which Mr. Stahl has a controlling interest and is reported separately. |
| 9 | Common | Common Stock | 2022-02-01 | P | A | 1 | $1,122.26 | 43,023 | I Polestar Offshore Fund | — | — | (F1) The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any account managed by Horizon except to the extent of his pecuniary interest, if any. |
| 10 | Common | Common Stock | 2022-02-01 | P | A | 2 | $1,122.26 | 103,262 | I Horizon Kinetics Hard Assets LLC | — | — | (F1) The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership in any account managed by Horizon except to the extent of his pecuniary interest, if any. |