Black Stone Minerals, L.P. — Director's Dealing 2019

Mar 1, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Black Stone Minerals, L.P. (BSM)
CIK: 0001621434
Period of Report: 2019-02-26

Reporting Person: Carter Thomas L Jr (Director, CEO and Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-26	Common units representing limited partner interests	A	351416	$0.00	Acquired	1289059	Direct
2019-02-26	Common units representing limited partner interests	F	138283	$17.76	Disposed	1150776	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
Common units representing limited partner interests	27663	Indirect
Common units representing limited partner interests	123222	Indirect
Common units representing limited partner interests	123222	Indirect

Footnotes

F1: Represents settlement of performance units and associated distribution-equivalent rights awarded under the Issuer's Long-Term Incentive Plan. For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of BSM common units on February 26, 2019.