Robert D. Ravnaas - Mar 3, 2024 Form 4 Insider Report for Kimbell Royalty Partners, LP (KRP)

Role
Chief Executive Officer, Director
Signature
/s/ Jamie L. Hayes, Attorney-in-Fact
Stock symbol
KRP
Transactions as of
Mar 3, 2024
Transactions value $
-$1,261,265
Form type
4
Date filed
3/5/2024, 07:09 PM
Previous filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRP Common units representing limited partner interests Tax liability -$824K -52.6K -8.1% $15.65 598K Mar 3, 2024 Direct
transaction KRP Common units representing limited partner interests Tax liability -$437K -28K -4.68% $15.65 570K Mar 4, 2024 Direct
holding KRP Common units representing limited partner interests 649K Mar 3, 2024 By SLAT F1
holding KRP Common units representing limited partner interests 69.9K Mar 3, 2024 See footnote F2
holding KRP Common units representing limited partner interests 35K Mar 3, 2024 See footnote F3
holding KRP Common units representing limited partner interests 10K Mar 3, 2024 See footnote F4
holding KRP Common units representing limited partner interests 1.37K Mar 3, 2024 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common units representing limited partner interests in Kimbell Royalty Partners, LP ("Common Units") are owned directly by a Spousal Lifetime Access Trust ("SLAT"). The reporting person is trustee of the SLAT and retains investment authority over the Common Units.
F2 These Common Units are owned directly by Westside Energy, LLC. The reporting person is the manager and a member of Westside Energy, LLC. This Form 4 also corrects an immaterial error in the reporting person's previously reported holdings, pursuant to which 1 additional Common Unit was shown as being held indirectly by the reporting person. The reported beneficial ownership in this Form 4 corrects this immaterial error.
F3 These Common Units are owned directly by Brazos Minerals, L.L.C. The reporting person is a member of Brazos Minerals, L.L.C.
F4 These Common Units are owned directly by Kimbell GP Holdings, LLC. The reporting person is the sole member of Rochelle Royalties, LLC, a member of Kimbell GP Holdings, LLC.
F5 These Common Units are owned directly by Princeton Royalties, LLC. The reporting person is the manager and a member of Westside Energy, LLC, a member of Princeton Royalties, LLC.