Charles L. Watson - Jul 15, 2024 Form 4 Insider Report for LandBridge Co LLC (LB)

Role: Director
Signature: /s/ Scott L. McNeely, Attorney-In-Fact
Stock symbol: LB
Transactions as of: Jul 15, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/17/2024, 06:24 PM
Previous filing: Jul 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LB	Class A shares	Award	$0	+7.35K		$0.00	7.35K	Jul 15, 2024	Direct	F1
holding	LB	Class A shares						118K	Jul 15, 2024	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the grant of restricted stock units pursuant to the LandBridge Company LLC Long-Term Incentive Plan which vest on the first anniversary of July 1, 2024, generally subject to continued service on the board of directors through such vesting date.
F2	Includes 117,600 Class A shares representing limited liability company interests (the "Class A shares") in LandBridge Company LLC that are directly held by Wincrest Ventures, LP ("Wincrest Ventures"). The reporting person is the chief executive officer of Wincrest Ventures, and the reporting person and his wife jointly own 100% of the ownership interests in Wincrest Investments Inc., the sole general partner of Wincrest Ventures. As a result of the foregoing, the reporting person may exercise voting and investment control over the Class A shares held by Wincrest Ventures and may be deemed to be the beneficial owner thereof. The reporting person disclaims beneficial ownership of Class A shares in excess of his pecuniary interest therein, if any.

Content

Reflects the grant of restricted stock units pursuant to the LandBridge Company LLC Long-Term Incentive Plan which vest on the first anniversary of July 1, 2024, generally subject to continued service on the board of directors through such vesting date.

Includes 117,600 Class A shares representing limited liability company interests (the "Class A shares") in LandBridge Company LLC that are directly held by Wincrest Ventures, LP ("Wincrest Ventures"). The reporting person is the chief executive officer of Wincrest Ventures, and the reporting person and his wife jointly own 100% of the ownership interests in Wincrest Investments Inc., the sole general partner of Wincrest Ventures. As a result of the foregoing, the reporting person may exercise voting and investment control over the Class A shares held by Wincrest Ventures and may be deemed to be the beneficial owner thereof. The reporting person disclaims beneficial ownership of Class A shares in excess of his pecuniary interest therein, if any.