D. Mark DeWalch - 06 Mar 2023 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role: Director
Signature: /s/ Steve Putman, attorney-in-fact for D. Mark DeWalch
Issuer symbol: BSM
Transactions as of: 06 Mar 2023
Net transactions value: +$542,843
Form type: 4
Filing time: 07 Mar 2023, 17:00:19 UTC
Previous filing: 13 Jan 2023
Next filing: 17 Nov 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	$493,699	+31,150	+14%	$15.85	260,879	06 Mar 2023	Direct	F1
transaction	BSM	Common units representing limited partner interests	Purchase	$49,144	+3,100	+30%	$15.85	13,417	06 Mar 2023	By daughter	F2
holding	BSM	Common units representing limited partner interests						6,749	06 Mar 2023	By wife
holding	BSM	Common units representing limited partner interests						40,809	06 Mar 2023	By Donald Mark DeWalch Trust

* 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 $15.82 to $15.89, 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 $15.835 to $15.88, 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 $15.82 to $15.89, 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 $15.835 to $15.88, 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.