Morris Brock 4
4 · Black Stone Minerals, L.P. · Filed May 29, 2019
Insider Transaction Report
Form 4
Morris Brock
See Remarks
Transactions
- Award
Common units representing limited partner interests
2019-05-24+138,084→ 507,487 total - Tax Payment
Common units representing limited partner interests
2019-05-24$16.60/sh−54,337$901,994→ 453,150 total - Conversion
Subordinated units representing limited partner interests
2019-05-24−37,800→ 0 total→ Common units representing limited partner interests (37,800 underlying) - Conversion
Common units representing limited partner interests
2019-05-24+37,800→ 369,403 total
Footnotes (2)
- [F1]On May 24, 2019, each subordinated unit representing limited partner interests in the Issuer converted into one common unit representing limited partner interests in the Issuer pursuant to the terms of the Issuer's First Amended and Restated Agreement of Limited Partnership, as amended.
- [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 May 24, 2019.