Alexander D. Stuart - 07 Jan 2022 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role
Director
Signature
/s/ Steve Putman, attorney-in-fact for Alexander D. Stuart
Issuer symbol
BSM
Transactions as of
07 Jan 2022
Net transactions value
+$25,875
Form type
4
Filing time
11 Jan 2022, 17:05:56 UTC
Previous filing
05 Oct 2021
Next filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSM Common units representing limited partner interests Award $25,875 +2,500 +22% $10.35 13,800 07 Jan 2022 Direct F1, F2, F3
transaction BSM Common units representing limited partner interests Award $0 +14,115 +102% $0.000000 27,915 11 Jan 2022 Direct
holding BSM Common units representing limited partner interests 4,786,664 07 Jan 2022 By North Star Oil & Gas
holding BSM Common units representing limited partner interests 2,112,711 07 Jan 2022 By Topsfield Energy Ltd.
holding BSM Common units representing limited partner interests 1,251,634 07 Jan 2022 By RDS Investments, L.P.
holding BSM Common units representing limited partner interests 6,687 07 Jan 2022 By Barbara E Stuart GST Exempt Trust fbo Alexander D Stuart
holding BSM Common units representing limited partner interests 551,912 07 Jan 2022 By GRAT F3
holding BSM Common units representing limited partner interests 180,775 07 Jan 2022 By Robert D. Stuart, Jr. 1996 Marital Trust
holding BSM Common units representing limited partner interests 173,316 07 Jan 2022 By GRAT F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a previous arrangement, the Reporting Person elected to receive common units in lieu of a cash retainer for service on the Board of Directors of the Partnership's General Partner.
F2 Prior to the date of this report, the Reporting Person contributed 173,316 common units representing limited partnership interests to a grantor retained annuity trust ("GRAT"), of which the Reporting Person is the trustee. Because the contribution to the GRAT is not a reportable transaction, the amount of securities beneficially owned with respect to the direct holdings reported by the Reporting Person has been reduced to reflect the contribution to the GRAT, which has been added as a new indirect holding.
F3 Prior to the date of this report, the GRAT granted by the Reporting Person paid an annual annuity of 149,480 Issuer common units to the Reporting Person. The payment of the annuity is reflected in the Column 5 totals.