SEC Form 4 · accession 0001593968-15-000419

Black Stone Minerals, L.P. · BSM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 11, 2015

Accepted (ET)

Dec 15, 2015 · 7:14 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001621434

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Preferred units representing limited partner interests^F2,F3,F1	—	Dec 11, 2015	D	1,500	D	—	—	Common and subordinated unitsrepresenting LP interests	—	D
Preferred units representing limited partner interests^F2,F3,F1	—	Dec 11, 2015	D	1,125	D	—	—	Common and subordinated units representing LP interests	—	I
Preferred units representing limited partner interests^F2,F3,F1	—	Dec 11, 2015	D	750	D	—	—	Common and subordinated units representing LP interests	—	I
Preferred units representing limited partner interests^F2,F3,F1	—	Dec 11, 2015	D	1,125	D	—	—	Common and subordinated units representing LP interests	—	I
Preferred units representing limited partner interests^F2,F3,F1	—	Dec 11, 2015	D	1,500	D	—	—	Common and subordinated units representing LP interests	—	I

F1Each preferred unit may be converted at any time at the option of the holder thereof into common units at the then-effective conversion rate. In addition, on January 1 of each year from 2016 to 2018 a number of preferred units will automatically convert into common units and subordinated units at the then-effective conversion rate, as described in the Issuer's Registration Statement on Form S-1, as amended (File No. 333-202875).
F2Disposed of pursuant to the Issuer's offer to purchase up to 100% of the 117,963 outstanding Series A Preferred Units from its preferred unitholders at the units' par value of $1,000.00 per preferred unit, plus unpaid accrued yield.
F3Each preferred unit may be converted at any time at the option of the holder thereof into common units at the then-effective conversion rate. In addition, on January 1 of each year from 2016 to 2018 a number of preferred units will automatically convert into common units and subordinated units at the then-effective conversion rate, as described in the Issuer's Registration Statement on Form S-1 (File No. 333-202875).