Form Type: 4

SEC EDGAR Link
Accession Number:0001207097-21-000167
Date:2021-05-07
Issuer: TEXAS PACIFIC LAND CORP (TPL)
Original Submission Date:

Reporting Person:

STAHL MURRAY
C/O HORIZON KINETICS LLC
470 PARK AVE S 8TH FL S NEW YORK, NY 10016

Reporting Person:

HORIZON KINETICS ASSET MANAGEMENT LLC
470 PARK AVENUE SOUTH
4TH FLOOR SOUTH NEW YORK, NY 10016

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-05-07 P 1 a $1,753.25 1,315 indirect
COMMON STOCK 2021-05-07 P 1 a $1,753.25 42,837 indirect
COMMON STOCK 2021-05-07 P 2 a $1,753.25 101,858 indirect
COMMON STOCK 2021-05-07 P 10 a $1,753.25 848 indirect
COMMON STOCK 2021-05-07 P 2 a $1,753.25 1,165 direct
COMMON STOCK 2021-05-07 P 1 a $1,753.25 1,166 direct
COMMON STOCK 2021-05-07 P 12 a $1,753.25 228,001 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
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.
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.
f3 the amount reported as held following the transaction excludes approximately 1,343,167 shares as noted in horizon's schedule 13d filed on january 12, 2021, 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.
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.

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