Texas
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001-08032
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75-6279898
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(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Units
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SJT
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NYSE
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Item 5.07 |
Submission of Matters to a Vote of Security Holders
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(i) |
The Unit Holders approved the appointment of Argent as the successor trustee of the Trust in accordance with the terms set forth in that certain attached Agreement of Conditional Resignation:
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Votes For
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Votes Against
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Votes Abstained
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Broker Non-Votes
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21,885,141
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751,916
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735,544
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Not applicable.
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(ii) |
The Unit Holders approved an amendment to the Indenture that would permit a bank or trust company with capital, surplus and undivided profits (as of the end of its last fiscal year prior to its appointment) of at least $15,000,000 to
serve as successor trustee of the Trust:
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Votes For
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Votes Against
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Votes Abstained
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Broker Non-Votes
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21,522,872
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1,212,252
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637,477
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Not applicable.
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(iii) |
The Unit Holders approved an amendment to the Indenture that would clarify the meaning of “Trustee” in Section 6.02 of the Indenture to include former trustees for indemnification purposes:
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Votes For
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Votes Against
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Votes Abstained
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Broker Non-Votes
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21,748,695
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908,429
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715,477
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Not applicable.
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Item 8.01. |
Other Events.
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Item 9.01. |
Financial Statements and Exhibits.
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Exhibit No.
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Description
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Press Release, dated January 16, 2024
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PNC BANK, NATIONAL ASSOCIATION,
AS TRUSTEE FOR THE SAN JUAN BASIN ROYALTY TRUST
(Registrant)
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Date: January 16, 2024
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By:
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/s/ Ross C. Durr
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Ross C. Durr, RPL
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Senior Vice President
Mineral Interest Director
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