Kimbell Royalty Partners, LP — Director's Dealing 2021

Jul 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Kimbell Royalty Partners, LP (KRP)
CIK: 0001657788
Period of Report: 2021-07-12

Reporting Person: KKR UPSTREAM ASSOCIATES LLC (N/A)
Reporting Person: M&E Mineral Holdings LLC (N/A)
Reporting Person: TE DRILLING AGGREGATOR LLC (N/A)
Reporting Person: EIGF AGGREGATOR LLC (N/A)
Reporting Person: KKR Energy Income & Growth Fund I L.P. (N/A)
Reporting Person: KKR Energy Income & Growth Fund I-TE L.P. (N/A)
Reporting Person: KKR ASSOCIATES EIGF L.P. (N/A)
Reporting Person: KKR ASSOCIATES EIGF TE L.P. (N/A)
Reporting Person: KKR EIGF LLC (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-12	Common units representing limited partner interests	S	936094	$12.2	Disposed	2961389	Indirect
2021-07-12	Common units representing limited partner interests	S	63906	$12.2	Disposed	202170	Indirect

Footnotes

F1: These securities are held by M&E Mineral Holdings LLC (f/k/a EIGF Aggregator III LLC) ("M&E Mineral Holdings"). EIGF Aggregator LLC ("EIGF Aggregator") is the managing member of M&E Mineral Holdings. KKR Energy Income and Growth Fund I L.P. ("KKR Energy Income") is the managing member of EIGF Aggregator. KKR Associates EIGF L.P. ("KKR Associates") is the general partner of KKR Energy Income.

F2: These securities are held by TE Drilling Aggregator LLC ("TE Drilling Aggregator"). KKR Energy Income and Growth Fund I-TE L.P. ("KKR Energy Income TE") is the sole member of TE Drilling Aggregator, and KKR Associates EIGF TE L.P. ("KKR Associates TE") is the general partner of KKR Energy Income TE.

F3: KKR EIGF LLC ("KKR EIGF") is the general partner of KKR Associates and the general partner of KKR Associates TE. KKR Upstream Associates LLC ("KKR Upstream Associates") is the sole member of KKR EIGF. KKR Group Partnership L.P. ("KKR Group Partnership") and KKR Upstream LLC ("KKR Upstream") are the members of KKR Upstream Associates. KKR Group Partnership is the sole member of KKR Upstream. KKR Group Holdings Corp. ("KKR Group Holdings") is the general partner of KKR Group Partnership. KKR & Co. Inc. ("KKR & Co.") is the sole shareholder of KKR Group Holdings. KKR Management LLP ("KKR Management") is the Class B shareholder of KKR & Co. Messrs. Kravis and Roberts are the founding partners of KKR Management.

F4: Each of the persons referred to in the above footnotes are collectively referred to herein as the "Reporting Persons." Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.