# EDGAR Filing Document

**Accession Number:** 0001745797
**File Stem:** 0000899243-23-000245
**Filing Date:** 2023-1
**Character Count:** 10530
**Document Hash:** 69eb7ea8f873d4cbb3a8fe3ab3167769
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899243-23-000245.hdr.sgml**: 20230103

**ACCESSION NUMBER**: 0000899243-23-000245

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221229

**FILED AS OF DATE**: 20230103

**DATE AS OF CHANGE**: 20230103

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BRIGHAM BEN M
- **CENTRAL INDEX KEY:** 0001079492
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38870
- **FILM NUMBER:** 23502576

**MAIL ADDRESS:**
- **STREET 1:** 6300 BRIDGE POINT PKWY
- **STREET 2:** BLDG 2 STE 500
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78730
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brigham Minerals, Inc.
- **CENTRAL INDEX KEY:** 0001745797
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 831106283
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 5914 W. COURTYARD DRIVE
- **STREET 2:** SUITE 200
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78730
- **BUSINESS PHONE:** (512) 220-6350

**MAIL ADDRESS:**
- **STREET 1:** 5914 W. COURTYARD DRIVE
- **STREET 2:** SUITE 200
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78730

## Exhibit 99.1

```
<PRE>
                                                                   Exhibit 99.1

Name and Address of Reporting Person:       Ben M. Brigham
                                            5914 W. Courtyard Drive
                                            Suite 200
                                            Austin, TX 78730

Issuer Name and Ticker or Trading Symbol:   Brigham Minerals, Inc. [MNRL]

Date of Earliest Transaction Required
to be Reported (Month/Day/Year):            December 29, 2022

                             Explanation of Responses

1. On December 29, 2022 (the "Closing Date"), pursuant to the Agreement and
   Plan of Merger, dated as of September 6, 2022 (as amended from time to time,
   the "Merger Agreement"), by and among the Issuer, Brigham Minerals Holdings,
   LLC ("Opco LLC"), STR Sub Inc. (f/k/a Sitio Royalties Corp., "Old Sitio"),
   Sitio Royalties Operating Partnership, LP ("Opco LP"), Sitio Royalties Corp.
   (f/k/a Snapper Merger Sub I, Inc., "New Sitio"), Snapper Merger Sub IV, Inc.
   ("Brigham Merger Sub"), Snapper Merger Sub V, Inc. ("Sitio Merger Sub") and
   Snapper Merger Sub II, LLC, New Sitio acquired the Issuer in an all-stock
   transaction through: (i) the merger of Brigham Merger Sub with and into the
   Issuer (the "Brigham Merger"), with the Issuer surviving as a wholly owned
   subsidiary of New Sitio, (ii) the merger of Sitio Merger Sub with and into
   Old Sitio (the "Sitio Merger"), with Old Sitio surviving as a wholly owned
   subsidiary of New Sitio, and (iii) the merger of Opco Merger Sub LLC with
   and into Opco LLC (the "Opco Merger," and, together with the Brigham Merger
   and the Sitio Merger, the "Mergers"), with Opco LLC surviving as a wholly
   owned subsidiary of Opco LP, in each case on the terms set forth in the
   Merger Agreement.

2. Pursuant to the Merger Agreement, at the effective time of the Brigham
   Merger (the "First Effective Time"), each share of Class A common stock, par
   value $0.01 per share, of the Issuer issued and outstanding immediately
   prior to the First Effective Time was converted into the right to receive
   1.133 fully-paid and nonassessable shares of Class A common stock, par value
   $0.0001 per share, of New Sitio.

3. Pursuant to the Merger Agreement, at the First Effective Time, each share of
   Class B common stock, par value $0.01 per share, of the Issuer issued and
   outstanding immediately prior to the First Effective Time was converted into
   the right to receive 1.133 fully-paid and nonassessable shares of Class C
   common stock, par value $0.0001 per share, of New Sitio.

4. Pursuant to the Merger Agreement, at the effective time of the Opco Merger
   (the "Second Effective Time"), each unit of Opco LLC, of which the Issuer is
   the managing member, issued and outstanding immediately prior to the Second
   Effective Time was converted into the right to receive 1.133 units of Opco
   LP.

5. These securities are held by Anne and Bud Oil and Gas Unvested, LLC, of
   which the Reporting Person is the manager.

6. These securities are held by Brigham Children's Family Limited Partnership,
   for which the Reporting Person and his wife serve as the managers of the
   general partner.

7. These securities are held by Anne and Bud Oil and Gas Vested, LLC, of which
   the Reporting Person is the manager.

</PRE>
```

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] 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>BRIGHAM BEN M<br><sub>(Last) (First) (Middle)</sub><br>5914 W. COURTYARD DRIVE SUITE 200<br><sub>(Street)</sub><br>AUSTIN, TX 78730<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2022-12-29 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Executive Chairman_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Brigham Minerals, Inc. [ MNRL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] 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 |
| Class A Common Stock | 2022-12-29 |  | D |  | 203886 | D | <sup>(1)(2)</sup> | 0 | D |  |
| Class A Common Stock | 2022-12-29 |  | D |  | 22000 | D | <sup>(1)(2)</sup> | 0 | I | See Footnote<sup>(5)</sup> |
| Class A Common Stock | 2022-12-29 |  | D |  | 89444 | D | <sup>(1)(2)</sup> | 0 | I | See Footnote<sup>(6)</sup> |
| Class A Common Stock | 2022-12-29 |  | D |  | 41666 | D | <sup>(1)(2)</sup> | 0 | I | See Footnote<sup>(7)</sup> |
| Class B Common Stock | 2022-12-29 |  | D |  | 285169 | D | <sup>(1)(3)</sup> | 0 | I | See Footnote<sup>(5)</sup> |
| Class B Common Stock | 2022-12-29 |  | D |  | 171016 | D | <sup>(1)(3)</sup> | 0 | I | See Footnote<sup>(6)</sup> |
| Class B Common Stock | 2022-12-29 |  | D |  | 633220 | D | <sup>(1)(3)</sup> | 0 | I | See Footnote<sup>(7)</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 |
| Brigham Minerals Holdings, LLC Units | <sup>(1)(4)</sup> | 2022-12-29 |  | D |  |  | 285169 | <sup>(1)(4)</sup> | <sup>(1)(4)</sup> | Class A Common Stock | 285169 | <sup>(1)(4)</sup> | 0 | I | See Footnote<sup>(5)</sup> |
| Brigham Minerals Holdings, LLC Units | <sup>(1)(4)</sup> | 2022-12-29 |  | D |  |  | 171016 | <sup>(1)(4)</sup> | <sup>(1)(4)</sup> | Class A Common Stock | 171016 | <sup>(1)(4)</sup> | 0 | I | See Footnote<sup>(6)</sup> |
| Brigham Minerals Holdings, LLC Units | <sup>(1)(4)</sup> | 2022-12-29 |  | D |  |  | 633220 | <sup>(1)(4)</sup> | <sup>(1)(4)</sup> | Class A Common Stock | 633220 | <sup>(1)(4)</sup> | 0 | I | See Footnote<sup>(7)</sup> |

---

### Footnotes:

(1) See Exhibit 99.1

(2) See Exhibit 99.1

(3) See Exhibit 99.1

(4) See Exhibit 99.1

(5) See Exhibit 99.1

(6) See Exhibit 99.1

(7) See Exhibit 99.1

**Remarks:**
See attached for Exhibit 99.1 - Explanation of Responses

**Signature:** /s/ Ben M. Brigham  
**Date:** 2023-01-03

### 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.**