# EDGAR Filing Document

**Accession Number:** 0001719890
**File Stem:** 0001719890-23-000021
**Filing Date:** 2023-3
**Character Count:** 10310
**Document Hash:** eaa8d79da0b9f31838addb5438d7197e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001719890-23-000021.hdr.sgml**: 20230306

**ACCESSION NUMBER**: 0001719890-23-000021

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230303

**FILED AS OF DATE**: 20230306

**DATE AS OF CHANGE**: 20230306

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Boaz Energy II, LLC
- **CENTRAL INDEX KEY:** 0001719890
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38472
- **FILM NUMBER:** 23709393

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 N. A STREET BLDG. 7 #150
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79705
- **BUSINESS PHONE:** (432) 253-7074

**MAIL ADDRESS:**
- **STREET 1:** 3300 N. A STREET BLDG. 7 #150
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79705
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Eves Marshall J
- **CENTRAL INDEX KEY:** 0001844137

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38472
- **FILM NUMBER:** 23709391

**MAIL ADDRESS:**
- **STREET 1:** 3300 N. A. STREET
- **STREET 2:** BUILDING 7
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79705
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Eves Karan E
- **CENTRAL INDEX KEY:** 0001844114

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38472
- **FILM NUMBER:** 23709392

**MAIL ADDRESS:**
- **STREET 1:** 3300 N. A. STREET
- **STREET 2:** BUILDING 7
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79705
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PermRock Royalty Trust
- **CENTRAL INDEX KEY:** 0001724009
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 826725102
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 470727
- **STREET 2:** ATTN: LEE ANN ANDERSON
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76147
- **BUSINESS PHONE:** (855) 588-7839

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 470727
- **STREET 2:** ATTN: LEE ANN ANDERSON
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76147

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Boaz Energy II, LLC<br><sub>(Last) (First) (Middle)</sub><br>3300 N. A STREET BLDG. 7 #150<br><sub>(Street)</sub><br>MIDLAND, TX 79705<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-03 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>PermRock Royalty Trust [ PRT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Eves Karan E<br><sub>(Last) (First) (Middle)</sub><br>3300 N. A. STREET<br>BUILDING 7<br><sub>(Street)</sub><br>MIDLAND, TX 79705<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-03 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>PermRock Royalty Trust [ PRT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Eves Marshall J<br><sub>(Last) (First) (Middle)</sub><br>3300 N. A. STREET<br>BUILDING 7<br><sub>(Street)</sub><br>MIDLAND, TX 79705<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-03 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>PermRock Royalty Trust [ PRT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Trust Units representing Beneficial Interest | 2023-03-03 |  | S<sup>(1)</sup> |  | 3500 | D | 7.0075<sup>(2)</sup> | 5239832 | D<sup>(4)</sup> |  |
| Trust Units representing Beneficial Interest | 2023-03-06 |  | S<sup>(1)</sup> |  | 5300 | D | 6.9894<sup>(3)</sup> | 5231032 | D<sup>(4)</sup> |  |
| Trust Units representing Beneficial Interest |  |  |  |  |  |  |  | 4400 | I | See Footnote<sup>(4)</sup> |
| Trust Units representing Beneficial Interest |  |  |  |  |  |  |  | 4400 | I | See Footnote<sup>(4)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

(2) The price reported in Column 4 is a weighted average price. The Trust Units representing Beneficial Interests in the Issuer ("Trust Units") were sold in multiple transactions at prices ranging from $7.05 to $6.95 inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of Trust Units sold at each separate price within the range set forth in this footnote.

(3) The price reported in Column 4 is a weighted average price. The Trust Units representing Beneficial Interests in the Issuer ("Trust Units") were sold in multiple transactions at prices ranging from $7.09 to $6.85 inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of Trust Units sold at each separate price within the range set forth in this footnote.

(4) This form is filed jointly by each of the reporting persons. Boaz Energy II, LLC ("Boaz Energy") directly owns 5,239,832 Trust Units. Karan Eves and Marshall Eves are husband and wife. Each of Karan Eves and Marshall Eves directly owns 4,400 Trust Units and 38.94% of the limited liability company interests in, and serves as a manager of, Boaz Energy, and may be deemed to indirectly beneficially own the Trust Units held directly by Boaz Energy.

**Signature:** /s/Boaz Energy II, LLC By: Karan Eves, Chief Operating Officer  
**Date:** 2023-03-06

**Signature:** /s/Karan Eves  
**Date:** 2023-03-06

**Signature:** /s/Marshall Eves  
**Date:** 2023-03-06

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**