Sec Form 3/A Filing - LandBridge Holdings LLC @ LandBridge Co LLC - 2024-06-27

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FORM 3/A
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
LandBridge Holdings LLC
2. Issuer Name and Ticker or Trading Symbol
LandBridge Co LLC [ LB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O LANDBRIDGE COMPANY LLC, 5555 SAN FELIPE STREET, SUITE 1200
3. Date of Earliest Transaction (MM/DD/YY)
06/27/2024
(Street)
HOUSTON, TX77056
4. If Amendment, Date Original Filed (MM/DD/YY)
06/27/2024
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 B shares 55,726,603 ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(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
DBR Land Holdings LLC Units ( 4 ) ( 4 ) ( 4 ) Class A shares ( 6 ) 55,726,603 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LandBridge Holdings LLC
C/O LANDBRIDGE COMPANY LLC
5555 SAN FELIPE STREET, SUITE 1200
HOUSTON, TX77056
X X
Five Point Energy Fund II AIV-VII LP
825 TOWN & COUNTRY LANE #700
HOUSTON, TX77024
X X
Five Point Energy Fund III AIV-VIII LP
825 TOWN & COUNTRY LANE #700
HOUSTON, TX77024
X X
Five Point Energy GP II LP
825 TOWN & COUNTRY LANE #700
HOUSTON, TX77024
X X
Five Point Energy GP II LLC
825 TOWN & COUNTRY LANE #700
HOUSTON, TX77024
X X
Five Point Energy GP III LP
825 TOWN & COUNTRY LANE #700
HOUSTON, TX77024
X X
Five Point Energy GP III LLC
825 TOWN & COUNTRY LANE #700
HOUSTON, TX77024
X X
Capobianco David N
C/O LANDBRIDGE COMPANY LLC
5555 SAN FELIPE STREET, SUITE 1200
HOUSTON, TX77056
X X
Signatures
/s/ Jason Long, Chief Executive Officer of LandBridge Holdings LLC 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco, Chief Executive Officer and Managing Partner of Five Point Energy GP II LP, the general partner of Five Point Energy Fund II AIV-VII LP 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco, Chief Executive Officer and Managing Partner of Five Point Energy GP III LP, the general partner of Five Point Energy Fund III AIV-VIII LP 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco, sole member of Five Point Energy GP II LLC, the general partner of Five Point Energy GP II LP 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco, the sole member of Five Point Energy GP II LLC 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco, sole member of Five Point Energy GP III LLC, the general partner of Five Point Energy GP III LP 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco, the sole member of Five Point Energy GP III LLC 07/03/2024
Signature of Reporting Person Date
/s/ David N. Capobianco 07/03/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )In connection with the closing of the initial public offering (the "IPO") of the Issuer, (i) LandBridge Holdings LLC ("LandBridge Holdings"), (a) LandBridge Holdings made a capital contribution to the Issuer in exchange for 55,726,603 of the Issuer's Class B shares representing limited liability company interests (the "Class B shares") and (b) LandBridge Holdings received 55,726,603 common units representing limited liability company interests ("OpCo Units") of DBR Land Holdings LLC, a Delaware limited liability company.
( 2 )Includes 55,726,603 Class B shares that are directly held by LandBridge Holdings, which is controlled by a board of managers consisting of five members. Five Point Energy Fund II AIV-VII LP, a Delaware limited partnership ("Fund II") and Five Point Energy Fund III AIV-VIII LP, a Delaware limited partnership ("Fund III"), collectively own 97.4% of the capital interests of LandBridge Holdings and have the right to appoint a majority of the members of the board of managers of LandBridge Holdings. Five Point Energy GP II LP, a Delaware limited partnership ("GP II LP") is the sole general partner of Fund II. Five Point Energy GP II LLC, a Delaware limited liability company ("GP II LLC") is the sole general partner GP II LP. Five Point Energy GP III LP, a Delaware limited partnership ("GP III LP") is the sole general partner of Fund III. Five Point Energy GP III LLC, a Delaware limited liability company ("GP III LLC") is the sole general partner of GP III LP.
( 3 )(Continued from footnote 2) Each of GP II LLC and GP III LLC is controlled by David N. Capobianco as each respective entity's sole member. As a result of the foregoing, Mr. Capobianco may exercise voting and dispositive power over the Class B shares held by LandBridge Holdings and may be deemed to be the beneficial owner thereof. Mr. Capobianco disclaims beneficial ownership of Class B shares in excess of his pecuniary interest therein, if any.
( 4 )Each Class B share has no economic rights but entitles its holder to one vote on all matters to be voted on by the shareholders of the Issuer generally. At the request of a holder, each OpCo Unit may be redeemed (along with the cancellation of a corresponding Class B share) for, subject to certain restrictions in the amended and restated limited liability company agreement of OpCo (the "OpCo LLCA"), newly issued Class A shares representing limited liability company interests in the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the OpCo LLCA for each OpCo Unit redeemed. The OpCo Units do not expire.
( 5 )In connection with the closing of the IPO, LandBridge Holdings and the Issuer entered into a Shareholder's Agreement, pursuant to which the Issuer granted LandBridge Holdings the right to designate a majority of the members of the board of directors of the Issuer. As a result, reporting persons constitute "directors by deputization" with respect to the Issuer.
( 6 )Includes 55,726,603 OpCo Units that are directly held by LandBridge Holdings, of which, as described in Footnote 2 and 3 to this Form 3, David N. Capobianco may be deemed to be the beneficial owner thereof. Mr. Capobianco disclaims beneficial ownership of OpCo Units in excess of his pecuniary interest therein, if any.

Remarks:
This Form 3 amendment is being filed to (i) reflect the number of Class B shares and OpCo Units held by the reporting persons giving effect to the impact of the pricing and closing of the IPO, the exercise of the underwriters' option to purchase to purchase additional Class A shares in the IPO and the closing of a concurrent private placement of Class A shares to an accredited investor and (ii) add LandBridge Holdings LLC as a joint filer following its formation immediately prior to the closing of the IPO.

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