Morris Brock 4
4 · Black Stone Minerals, L.P. · Filed Mar 19, 2018
Insider Transaction Report
Form 4
Morris Brock
See Remarks
Transactions
- Tax Payment
Common units representing limited partner interests
2018-03-15$17.05/sh−16,222$276,585→ 305,603 total - Tax Payment
Subordinated units representing limited partner interests
2018-03-15−3,455→ 37,800 total→ Common units representing limited partner interests (3,455 underlying)
Footnotes (3)
- [F1]For tax withholding purposes, the value of the common units was deemed to be equal to the closing price of BSM common units on March 15, 2018.
- [F2]Each subordinated unit will convert into one common unit representing a limited partner interest in the Issuer at the end of the subordination period described in the Issuer's Registration Statement on Form S-1 (File No. 333-202875).
- [F3]For tax withholding purposes, the value of the subordinated units was fixed at a discount to the closing price of BSM common units on March 15, 2018.