PBRA, LLC sold 41.50K shares of MNRL SUB INC. on the open market

Open‑market sale worth $1.05M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

PBRA, LLC

Filed: 6/27/2022ACC: 0001140361-22-024203

InsiderPBRA, LLCCIK 1615816

→

IssuerMNRL SUB INC.CIK 1745797

Director

Since Apr 2019

-497.47K

Net shares

Net seller

$1.05M

Total sold

Open market trades

0B · 3S

Total transactions

455.96K acquired · 953.43K disposed

Non-Derivative Transactions9

Class A Common Stock, par value $0.01

Indirect

S · Sale

−14.06K

Price / share

$25.21

Trade value

$354.55K

% of position

New position

6/23/2022

14.06K→0.00

Class A Common Stock, par value $0.01

Indirect

S · Sale

−23.64K

Price / share

$25.21

Trade value

$595.99K

% of position

New position

6/23/2022

23.64K→0.00

Class A Common Stock, par value $0.01

Indirect

S · Sale

−3.80K

Price / share

$25.21

Trade value

$95.89K

% of position

New position

6/23/2022

3.80K→0.00

Class B Common Stock, par value $0.01

Indirect

C · Conversion

−154.49K

Price / share

—

Trade value

—

% of position

17.5%

6/23/2022

884.66K→730.16K

Class A Common Stock, par value $0.01

Indirect

C · Conversion

+154.49K

Price / share

—

Trade value

—

% of position

New position

6/23/2022

-154.49K→0.00

Class B Common Stock, par value $0.01

Indirect

C · Conversion

−259.69K

Price / share

—

Trade value

—

% of position

17.5%

6/23/2022

1.49M→1.23M

Class A Common Stock, par value $0.01

Indirect

C · Conversion

+259.69K

Price / share

—

Trade value

—

% of position

New position

6/23/2022

-259.69K→0.00

Class B Common Stock, par value $0.01

Indirect

C · Conversion

−41.78K

Price / share

—

Trade value

—

% of position

17.5%

6/23/2022

239.24K→197.46K

Class A Common Stock, par value $0.01

Indirect

C · Conversion

+41.78K

Price / share

—

Trade value

—

% of position

New position

6/23/2022

-41.78K→0.00

Total

Net shares

−41.50K

Net value

-$1.05M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock, par value $0.01 Indirect	6/23/2022	S · Sale	−14.06K	$25.21	$354.55K	New position	14.06K	0.00
Class A Common Stock, par value $0.01 Indirect	6/23/2022	S · Sale	−23.64K	$25.21	$595.99K	New position	23.64K	0.00
Class A Common Stock, par value $0.01 Indirect	6/23/2022	S · Sale	−3.80K	$25.21	$95.89K	New position	3.80K	0.00
Class B Common Stock, par value $0.01 Indirect	6/23/2022	C · Conversion	−154.49K	—	—	17.5%	884.66K	730.16K
Class A Common Stock, par value $0.01 Indirect	6/23/2022	C · Conversion	+154.49K	—	—	New position	-154.49K	0.00
Class B Common Stock, par value $0.01 Indirect	6/23/2022	C · Conversion	−259.69K	—	—	17.5%	1.49M	1.23M
Class A Common Stock, par value $0.01 Indirect	6/23/2022	C · Conversion	+259.69K	—	—	New position	-259.69K	0.00
Class B Common Stock, par value $0.01 Indirect	6/23/2022	C · Conversion	−41.78K	—	—	17.5%	239.24K	197.46K
Class A Common Stock, par value $0.01 Indirect	6/23/2022	C · Conversion	+41.78K	—	—	New position	-41.78K	0.00
Total			−41.50K		-$1.05M

Derivative Transactions3

Brigham Minerals Holdings, LLC Units

Indirect

C · Conversion

Converts to

Class A Common Stock, par value $0.01

154.49K shares

−154.49K

Strike price

Held after

730.16K

Exercisable

—

6/23/2022

Brigham Minerals Holdings, LLC Units

Indirect

C · Conversion

Converts to

Class A Common Stock, par value $0.01

259.69K shares

−259.69K

Strike price

Held after

1.23M

Exercisable

—

6/23/2022

Brigham Minerals Holdings, LLC Units

Indirect

C · Conversion

Converts to

Class A Common Stock, par value $0.01

41.78K shares

−41.78K

Strike price

Held after

197.46K

Exercisable

—

6/23/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Brigham Minerals Holdings, LLC Units Indirect	Class A Common Stock, par value $0.01154.49K shares	6/23/2022	C · Conversion	−154.49K	—	730.16K
Brigham Minerals Holdings, LLC Units Indirect	Class A Common Stock, par value $0.01259.69K shares	6/23/2022	C · Conversion	−259.69K	—	1.23M
Brigham Minerals Holdings, LLC Units Indirect	Class A Common Stock, par value $0.0141.78K shares	6/23/2022	C · Conversion	−41.78K	—	197.46K