Dorn Holbrook F 4
4 · Black Stone Minerals, L.P. · Filed Feb 22, 2018
Insider Transaction Report
Form 4
Dorn Holbrook F
See Remarks
Transactions
- Award
Common units representing limited partner interests
2018-02-20+108,762→ 670,521 total - Tax Payment
Common units representing limited partner interests
2018-02-20$17.95/sh−42,799$768,242→ 627,722 total - Award
Common units representing limited partner interests
2018-02-20+64,066→ 561,759 total
Footnotes (2)
- [F1]Common units 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, the common units will vest in three equal installments on each of January 7, 2019, January 7, 2020, and January 7, 2021, 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.
- [F2]Represents settlement of performance units awarded under the Issuer's Long-Term Incentive Plan. For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of BSM common units on February 20, 2018.