Luke S. Putman - May 4, 2023 Form 4 Insider Report for Black Stone Minerals, L.P. (BSM)

Role: SVP, GC, and Secretary
Signature: /s/ Luke Stevens Putman
Stock symbol: BSM
Transactions as of: May 4, 2023
Transactions value $: -$1,505,570
Form type: 4
Date filed: 5/5/2023, 06:00 PM
Previous filing: Feb 24, 2023
Next filing: Jan 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSM	Common units representing limited partner interests	Sale	-$1.51M	-100K	-17.05%	$15.06	486K	May 4, 2023	Direct	F1

* 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 sold in multiple transactions at prices ranging from $15.00 to 15.14, 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 sold 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 sold in multiple transactions at prices ranging from $15.00 to 15.14, 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 sold at each separate price within the ranges set forth in this footnote.