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Black Stone Minerals, L.P. Director's Dealing 2018

Mar 20, 2018

31432_dirs_2018-03-19_e2b38895-75c1-4671-b9cc-cf82f206b1aa.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: 2018-03-15

Reporting Person: Putman Luke Stevens (SVP, GC, and Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-15 Common units representing limited partner interests F 15153 $17.05 Disposed 302367 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-03-15 Subordinated units representing limited partner interests $ F 2642 Disposed Common units representing limited partner interests (2642) 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, 2018.

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, 2018.