SEC Form 4 · accession 0001104659-17-007843
Kimbell Royalty Partners, LP · KRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Brett G. Taylor
Director
Period of report
Feb 8, 2017
Accepted (ET)
Feb 9, 2017 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001657788
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 | Feb 8, 2017 | P$0 | 68,021 | — | A | 68,021 | I | See footnote |
| Common units representing limited partner interestsF1,F3 | Feb 8, 2017 | P$0 | 31,476 | — | A | 31,476 | I | See footnote |
| Common units representing limited partner interestsF1,F4 | Feb 8, 2017 | P$0 | 4,911 | — | A | 4,911 | I | See footnote |
| Common units representing limited partner interestsF1,F5 | Feb 8, 2017 | P$0 | 2,172 | — | A | 2,172 | I | See footnote |
| Common units representing limited partner interestsF1,F6 | Feb 8, 2017 | P$0 | 721 | — | A | 721 | I | See footnote |
| Common units representing limited partner interestsF1,F7 | Feb 8, 2017 | P$0 | 721 | — | A | 721 | I | See footnote |
| Common units representing limited partner interestsF1,F8 | Feb 8, 2017 | P$0 | 380 | — | A | 380 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Such common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") were received in connection with the closing of the initial public offering of the Common Units in exchange for the contribution of certain assets to the Issuer, pursuant to that certain Contribution, Conveyance, Assignment and Assumption Agreement, dated as of December 20, 2016, by and between the Issuer and the other parties thereto (the "Contribution Agreement").
- F2These securities are owned directly by Brett G. Taylor Royalty Trust. The reporting person is the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust.
- F3These securities are owned directly by BGT Royalty Partners, LP. The reporting person is the sole member of BGT Minerals, LLC, a limited partner of BGT Royalty Partners, LP.
- F4These securities are owned directly by Aledo Royalty Company. The reporting person is both (i) the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust, a general partner of Aledo Royalty Company, and (ii) a general partner of Neuhoff-Taylor Royalty Company, a general partner of Aledo Royalty Company.
- F5These securities are owned directly by BRD Royalty Holdings LLC. The reporting person is the sole member of BRD Royalty Holdings LLC.
- F6These securities are owned directly by FWA Partners, LLC. The reporting person is the sole trustee and sole beneficiary of Brett G. Taylor Royalty Trust, a member of FWA Partners, LLC.
- F7These securities are beneficially owned by Trinity Minerals. Such Common Units represent the amount of consideration received by Trinity Minerals that is attributable to Mr. Taylor's participation interest in certain of the assets contributed by Trinity Minerals, the title holder of such assets, to the Issuer pursuant to the Contribution Agreement.
- F8These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is the sole member of BGT Minerals, LLC, a limited partner of BGT Royalty Partners, LP, the sole member of RCPTX Holdings Genpar, LLC.