SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

Ravnaas Robert D.

(Last)

(First)

(Middle)

777 TAYLOR STREET, SUITE 810

(Street)

FORT WORTH

76102

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Kimbell Royalty Partners, LP [ KRP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common units representing limited partner interests	11/29/2017		L	59⁽²⁾	A	$16.96	42,209	I	See footnote⁽¹⁾
Common units representing limited partner interests							102,222	D
Common units representing limited partner interests							87,484	I	See footnote⁽³⁾
Common units representing limited partner interests							35,034	I	See footnote⁽⁴⁾
Common units representing limited partner interests							30,332	I	See footnote⁽⁵⁾
Common units representing limited partner interests							20,160	I	See footnote⁽⁶⁾
Common units representing limited partner interests							16,984	I	See footnote⁽⁷⁾
Common units representing limited partner interests							1,368	I	See footnote⁽⁸⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These common units representing limited partner interests (the "Common Units") are owned directly by Westside Energy LLC. The reporting person is a member of Westside Energy LLC.

2. The reporting person acquired indirect beneficial ownership of these Common Units in a "small acquisition" within the meaning of Rule 16a-6 under the Exchange Act of 1934 when Rivercrest Royalties Holdings, LLC reallocated certain membership interests in connection with the settlement of certain company expenses. These Common Units are now held directly by Westside Energy LLC.

3. These Common Units are owned directly by Trinity Minerals. The reporting person is a general partner of Trinity Minerals.

4. These Common Units are owned directly by Brazos Minerals, L.L.C. The reporting person is a member of Brazos Minerals, L.L.C.

5. These Common Units are owned directly by Chisholm Minerals. The reporting person is a general partner of Chisholm Minerals.

6. These Common Units are owned directly by Caprock Minerals. The reporting person is a general partner of Caprock Minerals.

7. These Common Units are owned directly by Fort Worth Minerals. The reporting person is a general partner of Fort Worth Minerals.

8. These Common Units are owned directly by Princeton Royalties, LLC. The reporting person is a member of Westside Energy LLC, a member of Princeton Royalties, LLC.

	/s/ Matthew S. Daly, Attorney-in-Fact	02/14/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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