Black Stone Minerals, L.P. — Director's Dealing 2015

May 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Black Stone Minerals, L.P. (BSM)
CIK: 0001621434
Period of Report: 2015-05-06

Reporting Person: Haeflinger Ricky J. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-06	Common units representing limited partner interests	A	5263	$0.00	Acquired	5263	Direct
2015-05-06	Common units representing limited partner interests	J	5263	$0.00	Disposed	0	Direct

Footnotes

F1: Pursuant to a condition to the reporting person's employment with the Mayo Clinic that requires the reporting person to direct all director compensation owed to or received by the reporting person to the Mayo Clinic, on May 6, 2015, the reporting person granted to the Mayo Clinic 5,263 common units issued pursuant to the Black Stone Minerals, L.P. Long-Term Incentive Plan.