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Black Stone Minerals, L.P. — Director's Dealing 2017
Jan 6, 2017
31432_dirs_2017-01-05_196aaa0e-3fdf-47ae-824c-bc8f90845309.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: 2017-01-03
Reporting Person: Dorn Holbrook F (SVP, Business Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-03 | Common units representing limited partner interests | F | 1948 | $18.78 | Disposed | 417809 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-03 | Subordinated units representing limited partner interests | $ | F | 2841 | Disposed | Common units representing limited partner interests (2841) | 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 December 30, 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 Board of Directors set the value of the subordinated units at a discount to the volume-weighted average price of BSM common units between December 1, 2016 and December 30, 2016.