SEC Form 4 · accession 0001104659-18-009592
Kimbell Royalty Partners, LP · KRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benny D. Duncan
Director
Period of report
Nov 29, 2017
Accepted (ET)
Feb 14, 2018 · 12:58 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 interests | Nov 29, 2017 | J | 836 | $0.00 | A | 111,039 | D | |
| Common units representing limited partner interests | holding | — | — | — | 2,894 | I | By children of Mr. Duncan | |
| Common units representing limited partner interestsF2 | holding | — | — | — | 7,604 | I | See | |
| Common units representing limited partner interestsF3 | holding | — | — | — | 1,837 | I | By GSEF, LLC | |
| Common units representing limited partner interestsF4 | holding | — | — | — | 3,769 | I | See | |
| Common units representing limited partner interestsF5 | holding | — | — | — | 168 | I | See | |
| Common units representing limited partner interestsF6 | holding | — | — | — | 654 | I | See | |
| Common units representing limited partner interestsF7 | holding | — | — | — | 160,677 | I | See | |
| Common units representing limited partner interestsF8 | holding | — | — | — | 9,913 | I | See |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common units representing limited partner interests (the "Common Units") in Kimbell Royalty Partners, LP (the "Issuer") received by Benny D. Duncan in connection with a pro rata distribution by an independent partnership, of which Mr. Duncan is a limited partner, to its partners.
- F2These securities are owned directly by Oil Nut Bay, LLC. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, Oil Nut Bay, LLC. The reporting person disclaims beneficial ownership of the Common Units owned by Oil Nut Bay, LLC except to the extent of his pecuniary interest therein.
- F3These securities are owned directly by GSEF, LLC. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, GSEF, LLC. The reporting person disclaims beneficial ownership of the Common Units owned by GSEF, LLC except to the extent of his pecuniary interest therein.
- F4These securities are owned directly by Bitter End Royalties, LP. Bitter End, LLC is the general partner of, and may be deemed to beneficially own securities owned by, Bitter End Royalties, LP. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, Bitter End, LLC. Each of the reporting person and Bitter End, LLC disclaims beneficial ownership of the Common Units owned by Bitter End Royalties, LP except to the extent of his and its pecuniary interest therein.
- F5These securities are owned directly by Bitter End, LLC. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, Bitter End, LLC. The reporting person disclaims beneficial ownership of the Common Units owned by Bitter End, LLC except to the extent of his pecuniary interest therein.
- F6These securities are owned directly by Gorda Sound, LLC. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, Gorda Sound, LLC. The reporting person disclaims beneficial ownership of the Common Units owned by Gorda Sound, LLC except to the extent of his pecuniary interest therein.
- F7These securities are owned directly by Trunk Bay Royalty Partners, Ltd. Trunk Bay, LLC is the general partner of, and may be deemed to beneficially own securities owned by, Trunk Bay Royalty Partners, Ltd. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, Trunk Bay, LLC. Each of the reporting person and Trunk Bay, LLC disclaims beneficial ownership of the Common Units owned by Trunk Bay Royalty Partners, Ltd. except to the extent of his and its pecuniary interest therein.
- F8These securities are owned directly by Trunk Bay, LLC. The reporting person is the sole manager of, and may be deemed to beneficially own securities owned by, Trunk Bay, LLC. The reporting person disclaims beneficial ownership of the Common Units owned by Trunk Bay, LLC except to the extent of his pecuniary interest therein.