0001062993-21-003748.txt : 20210420 0001062993-21-003748.hdr.sgml : 20210420 20210420164729 ACCESSION NUMBER: 0001062993-21-003748 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210416 FILED AS OF DATE: 20210420 DATE AS OF CHANGE: 20210420 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Edenbrook Capital, LLC CENTRAL INDEX KEY: 0001666682 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31759 FILM NUMBER: 21838493 BUSINESS ADDRESS: STREET 1: 116 RADIO CIRCLE STREET 2: SUITE 202 CITY: MT. KISCO STATE: NY ZIP: 10549 BUSINESS PHONE: 914-239-3117 MAIL ADDRESS: STREET 1: 116 RADIO CIRCLE STREET 2: SUITE 202 CITY: MT. KISCO STATE: NY ZIP: 10549 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brolin Jonathan CENTRAL INDEX KEY: 0001712127 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31759 FILM NUMBER: 21838492 MAIL ADDRESS: STREET 1: 2 DEPOT PLAZA STREET 2: 4TH FLOOR CITY: BEDFORD HILLS STATE: NY ZIP: 10507 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PHX MINERALS INC. CENTRAL INDEX KEY: 0000315131 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 731055775 STATE OF INCORPORATION: OK FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 1601 NW EXPRESSWAY STREET 2: VALLIANCE BANK TOWER STE 1100 CITY: OKLAHOMA CITY STATE: OK ZIP: 73118 BUSINESS PHONE: 4059481560 MAIL ADDRESS: STREET 1: 1601 NW EXPRESSWAY STREET 2: VALLIANCE BANK TOWER STE 1100 CITY: OKLAHOMA CITY STATE: OK ZIP: 73118 FORMER COMPANY: FORMER CONFORMED NAME: PANHANDLE OIL & GAS INC DATE OF NAME CHANGE: 20070509 FORMER COMPANY: FORMER CONFORMED NAME: PANHANDLE ROYALTY CO DATE OF NAME CHANGE: 19920703 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2021-04-16 0000315131 PHX MINERALS INC. PHX 0001666682 Edenbrook Capital, LLC 116 RADIO CIRCLE SUITE 202 MOUNT KISCO NY 10549 0 0 1 0 0001712127 Brolin Jonathan 116 RADIO CIRCLE SUITE 202 MOUNT KISCO NY 10549 0 0 1 0 Class A Common Stock 2021-04-16 4 P 0 1500000 2.0 A 4223759 I See footnotes Class A Common Stock 2021-04-19 4 P 0 2376 2.0 A 4226135 I See footnotes Class A Common Stock 2021-04-20 4 P 0 42342 1.9997 A 4268477 I See footnotes Class A Common Stock 2021-04-20 4 P 0 879 1.99 A 4269356 I See footnotes Put Option (Obligation to Buy) 1.50 2020-09-24 2021-06-18 Class A Common Stock 350000 3500 I See Footnotes Put Option (Obligation to Buy) 2.50 2021-04-16 4 S 0 2100 .90 D 2021-04-16 2021-11-19 Class A Common Stock 210000 2100 I See Footnotes Put Option (Obligation to Buy) 2.50 2021-04-19 4 S 0 2100 .90 D 2021-04-19 2021-11-19 Class A Common Stock 210000 4200 I See Footnotes The securities reported herein are held in the accounts of private funds. Edenbrook Capital, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such private funds. Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 for any other purpose. The private funds managed by Edenbrook Capital, LLC wrote 3,500 put option contracts expiring in June 2021 which provide that the private funds will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option. The private funds managed by Edenbrook Capital, LLC wrote 4,200 put option contracts expiring in November 2021 which provide that the private funds will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option. Price shown equals per share option premium. Each contract represents 100 shares. Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member 2021-04-20 /s/ Jonathan Brolin 2021-04-20