SEC Form 4 · accession 0001593968-15-000345
Black Stone Minerals, L.P. · BSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Carter Jr.
Officer — President, CEO & Chairman · Director
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 8:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001621434
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1,F2 | Nov 12, 2015 | P | 10,667 | $13.8445 | A | 10,667 | I | By Georgia Elizabeth Carter 1995 Trust |
| Common units representing limited partner interestsF3,F2 | Nov 13, 2015 | P | 5,879 | $14.2919 | A | 16,546 | I | By Georgia Elizabeth Carter 1995 Trust |
| Common units representing limited partner interestsF4,F2 | Nov 16, 2015 | P | 3,000 | $14.3613 | A | 19,546 | I | By Georgia Elizabeth Carter 1995 Trust |
| Common units representing limited partner interestsF5,F2 | Nov 12, 2015 | P | 10,666 | $13.9096 | A | 10,666 | I | By Katherine Ross Carter 1995 Trust |
| Common units representing limited partner interestsF6,F2 | Nov 13, 2015 | P | 4,834 | $14.277 | A | 15,500 | I | By Katherine Ross Carter 1995 Trust |
| Common units representing limited partner interestsF7,F2 | Nov 16, 2015 | P | 3,000 | $14.3524 | A | 18,500 | I | By Katherine Ross Carter 1995 Trust |
| Common units representing limited partner interestsF8,F2 | Nov 12, 2015 | P | 10,667 | $13.8681 | A | 10,667 | I | By Molly Leachman Carter 1995 Trust |
| Common units representing limited partner interestsF3,F2 | Nov 13, 2015 | P | 4,268 | $14.312 | A | 14,935 | I | By Molly Leachman Carter 1995 Trust |
| Common units representing limited partner interestsF9,F2 | Nov 16, 2015 | P | 3,000 | $14.3555 | A | 17,935 | I | By Molly Leachman Carter 1995 Trust |
| Common units representing limited partner interestsF10 | holding | — | — | — | 239,111 | D | ||
| Common units representing limited partner interests | holding | — | — | — | 8,118,065 | I | By Camden Energy Limited Partnership | |
| Common units representing limited partner interests | holding | — | — | — | 22,757 | I | By Preference Partners LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $13.78 to $13.9144, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F10Of the common units reported on this line, 112,439 common units are subject to a restricted unit award issued pursuant to the Black Stone Minerals, L.P. Long-Term Incentive Plan (the "LTIP"). Except as otherwise provided in the LTIP or the award agreement governing the award, a portion of the common units will vest on each of January 1, 2016, March 15, 2016, January 1, 2017, March 15, 2017, and March 15, 2018 so long as the Reporting Person remains continuously employed by the Issuer, Black Stone Minerals GP, L.L.C. (the "General Partner"), or any of their respective affiliates through each such vesting date.
- F2The trust also indirectly owns common and subordinated units through ownership of Camden Energy Limited Partnership and Preference Partners, L.P. Because Mr. Carter reports all units held by Camden Energy Limited Partnership and Preference Partners, the trust's indirect holdings through Camden and Preference Partners are not reported in Column 5.
- F3The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $14.19 to $14.46, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $14.30 to $14.43, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $13.7888 to $14.0369, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F6The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $13.96 to $14.46, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F7The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $14.30 to $14.41, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F8The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $13.7888 to $13.9144, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
- F9The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $14.31 to $14.42, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.