SEC Form 4 · accession 0001104659-17-041019
Kimbell Royalty Partners, LP · KRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett G. Taylor
Director
Period of report
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 7:52 pm EDT
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 | Jun 20, 2017 | P | 1,009 | $15.93 | A | 23,646 | D | |
| Common units representing limited partner interestsF2 | Jun 21, 2017 | P | 3,678 | $16.15 | A | 27,324 | D | |
| Common units representing limited partner interestsF3 | holding | — | — | — | 68,021 | I | See footnote | |
| Common units representing limited partner interestsF4 | holding | — | — | — | 31,476 | I | See footnote | |
| Common units representing limited partner interestsF5 | holding | — | — | — | 4,911 | I | See footnote | |
| Common units representing limited partner interestsF6 | holding | — | — | — | 2,172 | I | See footnote | |
| Common units representing limited partner interestsF7 | holding | — | — | — | 721 | I | See footnote | |
| Common units representing limited partner interestsF8 | holding | — | — | — | 721 | I | See footnote | |
| Common units representing limited partner interestsF9 | holding | — | — | — | 380 | I | See footnote |
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 shares were sold in multiple transactions at prices ranging from $15.78 to $16.00. The reporting person undertakes to provide to Kimbell Royalty Partners, LP, any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 and 2 to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.30.
- F3These 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.
- F4These 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.
- F5These 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.
- F6These securities are owned directly by BRD Royalty Holdings LLC. The reporting person is the sole member of BRD Royalty Holdings LLC.
- F7These 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.
- F8These 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.
- F9These 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.