Form 4 for MNR MACH NATURAL RESOURCES LP
Accepted 2023-10-31 00:00:00 ET · period of report 2023-10-27 · accession 0001213900-23-081832 · 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 | 2023-10-31 | 2023-10-27 | MNR | WARD TOM L. | See Remarks, Dir, 10% | D - Sale to Iss | $17.67 | -601.7K | 421.1K | -59% | -$10.63M |
| 2023-10-31 | 2023-10-27 | MNR | WARD TOM L. | See Remarks, Dir, 10% | A - Grant | $0.00 | +110.5K | 13.75M | +0.8% | $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 | 2023-10-27 | D | D | 583,165 | $17.67 | 13,218,411 | I Held by Tom L. Ward 1992 Revocable Trust | — | — | (F2) The Reporting Person is the Trustee of the Tom L. Ward 1992 Revocable Trust (the "Trust"). By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
| 2 | Common | Common Units | 2023-10-27 | A | A | 110,526 | $0.00 | 13,750,037 | D | — | — | (F4) The reported securities represent phantom units. Each phantom unit represents the contingent right to receive one common unit of the Issuer upon vesting. The phantom units will vest in three equal installments on each of the first three anniversaries of the grant date, subject in each case to the continued service through such dates. |
| 3 | Common | Common Units | 2023-10-27 | D | D | 18,578 | $17.67 | 421,100 | I Held by Mach Resources LLC | — | — | (F3) The Reporting Person exercises control over Mach Resources LLC ("Mach Resources"). Mach Resources is owned 50.5% by Tom L. Ward through the Trust and 49.5% by WCT Resources LLC which is owned by certain trusts affiliated with Mr. Ward for which an employee of Mach Resources is trustee. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Mach Resources, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |