Sec Form 4 Filing - HITE Hedge Asset Management LLC @ Falcon Minerals Corp - 2019-11-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HITE Hedge Asset Management LLC
2. Issuer Name and Ticker or Trading Symbol
Falcon Minerals Corp [ FLMN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
300 CROWN COLONY DR, SUITE 108
3. Date of Earliest Transaction (MM/DD/YY)
11/04/2019
(Street)
QUINCY, MA02169
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock ( 1 ) 11/04/2019 S 5,800 D $ 6.5 275,111 D ( 2 )
Class A Common Stock ( 3 ) 11/04/2019 S 17,800 D $ 6.5 881,246 D ( 2 )
Class A Common Stock ( 4 ) 11/04/2019 S 49,300 D $ 6.5 2,730,395 D ( 2 )
Class A Common Stock ( 5 ) 11/04/2019 S 17,400 D $ 6.5 851,386 D ( 2 )
Class A Common Stock ( 6 ) 11/04/2019 S 1,100 D $ 6.5 60,035 D ( 2 )
Class A Common Stock ( 7 ) 11/04/2019 S 8,600 D $ 6.5 456,275 D ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Se curity
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HITE Hedge Asset Management LLC
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
HITE Energy LP
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
HITE Hedge LP
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
HITE HEDGE OFFSHORE, LTD.
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
HITE Hedge QP LP
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
HITE MLP Caymans Ltd.
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
HITE MLP LP
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
Jampel James M
300 CROWN COLONY DR
SUITE 108
QUINCY, MA02169
X
Signatures
HITE Hedge Asset Management LLC, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Managing Member 01/29/2020
Signature of Reporting Person Date
HITE Energy LP, By: HITE Hedge Capital LP, its General Partner, By: HITE Hedge Capital LLC, its General Partner, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Manager 01/29/2020
Signature of Reporting Person Date
HITE Hedge LP, By: HITE Hedge Capital LP, its General Partner, By: HITE Hedge Capital LLC, its General Partner, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Manager 01/29/2020
Signature of Reporting Person Date
HITE Hedge Offshore Ltd., By: HITE Hedge Capital LP, its General Partner, By: HITE Hedge Capital LLC, its General Partner, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Manager 01/29/2020
Signature of Reporting Person Date
HITE Hedge QP LP, By: HITE Hedge Capital LP, its General Partner, By: HITE Hedge Capital LLC, its General Partner, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Manager 01/29/2020
Signature of Reporting Person Date
HITE MLP Caymans Ltd., By: HITE Hedge Capital LP, its General Partner, By: HITE Hedge Capital LLC, its General Partner, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Manager 01/29/2020
Signature of Reporting Person Date
HITE MLP LP, By: HITE Hedge Capital LP, its General Partner, By: HITE Hedge Capital LLC, its General Partner, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel, Manager 01/29/2020
Signature of Reporting Person Date
James M. Jampel, By: /s/ James E. Conant, Attorney-in-Fact for James M. Jampel 01/29/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares sold by HITE Energy LP.
( 2 )HITE Hedge Asset Management LLC may be deemed the indirect beneficial owner of these shares as a result of its role as investment adviser to the sellers. James M. Jampel may be deemed the indirect beneficial owner of these shares as a result of his serving as Managing Member of HITE Hedge Asset Management LLC. After giving effect to all of the transactions reflected in this Form 4, each of HITE Hedge Asset Management LLC and Mr. Jampel may be deemed the indirect beneficial owner of a total of 5,505,253 shares of Class A Common Stock. Mr. Jampel disclaims beneficial ownership of the shares reported except to the extent of his pecuniary interest therein. Amounts in Table I reflect changes in form of beneficial ownership that have occurred since the most recent prior Form 4 was filed by the reporting persons.
( 3 )Shares sold by HITE Hedge LP.
( 4 )Shares sold by HITE Hedge Offshore Ltd.
( 5 )Shares sold by HITE Hedge QP LP.
( 6 )Shares sold by HITE MLP Caymans Ltd.
( 7 )Shares sold by HITE MLP LP.

Remarks:
This Form 4 is filed jointly by HITE Hedge Asset Management LLC, HITE Energy LP, HITE Hedge LP, HITE Hedge Offshore Ltd., HITE Hedge QP LP, HITE MLP Caymans Ltd., HITE MLP LP and James M. Jampel. As of November 4, 2019, each of the reporting persons was a member of a Section 13(d) group that may have been deemed to collectively own a total of 5,505,253 shares of Class A Common Stock. Of those 5,505,253 shares, 18,385 were held directly by HITE MLP Advantage Caymans Ltd., 881,246 were held directly by HITE Hedge LP, 851,386 were held directly by HITE Hedge QP LP, 275,111 were held directly by HITE Energy LP, 2,730,395 were held directly by HITE Hedge Offshore Ltd., 232,420 were held directly by HITE MLP Advantage LP, 60,035 were held directly by HITE MLP Caymans Ltd., 456,275 were held directly by HITE MLP LP, and none were held directly by HITE Hedge Asset Management LLC or James M. Jampel.

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