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Black Stone Minerals, L.P. — Director's Dealing 2017
Mar 17, 2017
31432_dirs_2017-03-17_8a621401-1358-4b47-bc33-ac84c7314d3e.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: 2017-03-15
Reporting Person: Carter Thomas L Jr (Director, President, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-15 | Common units representing limited partner interests | F | 8601 | $17.19 | Disposed | 1098923 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-15 | Subordinated units representing limited partner interests | $ | F | 11265 | Disposed | Common units representing limited partner interests (11265) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common units representing limited partner interests | 30289 | Indirect |
| Common units representing limited partner interests | 30289 | Indirect |
| Common units representing limited partner interests | 30290 | Indirect |
| Common units representing limited partner interests | 5689 | Indirect |
| Common units representing limited partner interests | 4970834 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Subordinated units representing limited partner interests | $ | Common units representing limited partner interests (7452) | 7452 | Indirect | |
| Subordinated units representing limited partner interests | $ | Common units representing limited partner interests (7452) | 7452 | Indirect | |
| Subordinated units representing limited partner interests | $ | Common units representing limited partner interests (7452) | 7452 | Indirect | |
| Subordinated units representing limited partner interests | $ | Common units representing limited partner interests (7452) | 7452 | Indirect | |
| Subordinated units representing limited partner interests | $ | Common units representing limited partner interests (6510669) | 6510669 | Indirect |
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, 2017.
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, 2017.