Thomas L. Carter Jr. - 24 Feb 2023 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role: CEO and Chairman, Director
Signature: /s/ Steve Putman, attorney-in-fact for Thomas L. Carter, Jr.
Issuer symbol: BSM
Transactions as of: 24 Feb 2023
Net transactions value: +$965,217
Form type: 4
Filing time: 27 Feb 2023, 17:00:22 UTC
Previous filing: 24 Feb 2023
Next filing: 08 May 2023
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	Purchase	$497,955	+32,500	+1.3%	$15.32	2,590,991	24 Feb 2023	Direct	F1
transaction	BSM	Common units representing limited partner interests	Purchase	$467,262	+30,000	+1.2%	$15.58	2,620,991	27 Feb 2023	Direct	F2
holding	BSM	Common units representing limited partner interests						37,741	24 Feb 2023	By Georgia Elizabeth Carter 1995 Trust
holding	BSM	Common units representing limited partner interests						37,741	24 Feb 2023	By Katherine Ross Carter 1995 Trust
holding	BSM	Common units representing limited partner interests						37,742	24 Feb 2023	By Molly Leachman Carter 1995 Trust
holding	BSM	Common units representing limited partner interests						13,141	24 Feb 2023	By Fowler Thomas Carter 1995 Trust
holding	BSM	Common units representing limited partner interests						11,481,503	24 Feb 2023	By Carter2221, Ltd.
holding	BSM	Common units representing limited partner interests						167,155	24 Feb 2023	By spouse

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $15.19 to $15.47, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.
F2	The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $15.41 to $15.66, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $15.19 to $15.47, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.

The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $15.41 to $15.66, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote.