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Black Stone Minerals, L.P. — Director's Dealing 2016
Mar 18, 2016
31432_dirs_2016-03-17_e6009892-8a48-42be-885f-247d6409fd79.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Black Stone Minerals, L.P. (BSM)
CIK: 0001621434
Period of Report: 2016-03-15
Reporting Person: Morris Brock (SVP, Engineering and Geology)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-15 | Common units representing limited partner interests | F | 17294 | $14.31 | Disposed | 237676 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-15 | Subordinated units representing limited partner interests | $ | F | 3683 | Disposed | Common units representing limited partner interests (3683) | Direct |
Footnotes
F1: For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of BSM common units on March 15, 2016.
F2: Each subordinated unit will convert into one common unit representing a limited partner interest in the Issuer at the end of the subordination period described in the Issuer's Registration Statement on Form S-1 (File No. 333-202875).
F3: For tax withholding purposes, the value of the subordinated units was fixed at a discount to the closing price of BSM common units on March 15, 2016.