EX-99.1 2 defa14a032519bex99-1_texas.htm SECURITY HOLDINGS OF PARTICIPANTS

Exhibit 99.1

 

SECURITY HOLDINGS OF PARTICIPANTS

 

The following table sets forth information as to equity securities (Certificates of Proprietary Interest and Sub-share Certificates) beneficially owned directly or indirectly by the Trustees, nominees for trustee, and executive officers of Texas Pacific Land Trust, naming them individually and as a group, as of March 22, 2019. The percentage of beneficial ownership shown in the following table is based on 7,756,156 Sub-share Certificates outstanding as of March 22, 2019.

 

Title and Class(1) 

Name of

Beneficial Owner

 

Amount and Nature

of Ownership

on March 25, 2019

   Percent of Class 
            
Sub-share certificates  John R. Norris III   1,000   * 
Sub-share certificates  David E. Barry   300   * 
Sub-share certificates  Preston H. Young   --   -- 
Sub-share certificates  Tyler Glover   100   * 
Sub-share certificates  Robert J. Packer   200   * 
Sub-share certificates  All Trustees and Officers as a Group   1,600   * 

 

 

*Indicates ownership of less than 1% of the class.
   
(1) The Certificates of Proprietary Interest and Sub-share Certificates are freely interchangeable in the ratio of one Certificate of Proprietary Interest for 3,000 Sub-shares or 3,000 Sub-shares for one Certificate of Proprietary Interest, and are deemed to constitute a single class. On March 22, 2019, no Trustee or executive officer was the beneficial owner, directly or indirectly, of any Certificates of Proprietary Interest.