Black Stone Minerals, L.P. — Director's Dealing 2021

Jan 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Black Stone Minerals, L.P. (BSM)
CIK: 0001621434
Period of Report: 2021-01-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-07	Common units representing limited partner interests	F	34085	$7.75	Disposed	1634077	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	37741	Indirect
Common units representing limited partner interests	37741	Indirect
Common units representing limited partner interests	37742	Indirect
Common units representing limited partner interests	13141	Indirect
Common units representing limited partner interests	11481503	Indirect
Common units representing limited partner interests	181763	Indirect
Common units representing limited partner interests	0	Indirect
Common units representing limited partner interests	0	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 January 7, 2021.

F2: Prior to the date of this report, the GRATs granted by the Reporting Person and his spouse paid an annual annuity, including in the form of Issuer common units, to the Reporting Person and his spouse in connection with the termination of the GRATs. The payment of the annuity is reflected in the Column 5 totals.