<SEC-DOCUMENT>0001104659-21-011787.txt : 20210203
<SEC-HEADER>0001104659-21-011787.hdr.sgml : 20210203
<ACCEPTANCE-DATETIME>20210203202636
ACCESSION NUMBER:		0001104659-21-011787
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210202
FILED AS OF DATE:		20210203
DATE AS OF CHANGE:		20210203

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Eves Karan E
		CENTRAL INDEX KEY:			0001844114

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38472
		FILM NUMBER:		21588334

	MAIL ADDRESS:	
		STREET 1:		3300 N. A. STREET
		STREET 2:		BUILDING 7
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79705

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PermRock Royalty Trust
		CENTRAL INDEX KEY:			0001724009
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				826725102
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 470727
		STREET 2:		ATTN: LEE ANN ANDERSON
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76147
		BUSINESS PHONE:		(855) 588-7839

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 470727
		STREET 2:		ATTN: LEE ANN ANDERSON
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76147
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>a3.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2021-02-02</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001724009</issuerCik>
        <issuerName>PermRock Royalty Trust</issuerName>
        <issuerTradingSymbol>PRT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001844114</rptOwnerCik>
            <rptOwnerName>Eves Karan E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3300 N. A STREET, BLDG. 7</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MIDLAND</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>79705</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Trust Units representing Beneficial Interests</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4400</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Trust Units representing Beneficial Interests</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4400</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Spouse</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Trust Units representing Beneficial Interests</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5878332</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Boaz Energy II, LLC (&quot;Boaz Energy&quot;) directly owns these Trust Units representing Beneficial Interests in the Issuer (&quot;Trust Units&quot;). The reporting person's ownership is indirect through Boaz Energy. On February 2, 2021, NGP X US Holdings, L.P. and NGP Boaz Energy II Co-Invest LLC entered into a Redemption and Assignment Agreement with Boaz Energy, pursuant to which Boaz Energy purchased and redeemed all of the membership interests of Boaz Energy held by NGP X US Holdings, L.P. and NGP Boaz Energy II Co-Invest LLC. As of February 2, 2021, each of Karan Eves and her spouse owned 34.24% of the limited liability company interests in, and served as a manager of, Boaz Energy, and may be deemed to indirectly beneficially own the Trust Units held directly by Boaz Energy.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Karan Eves</signatureName>
        <signatureDate>2021-02-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
