SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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).
1. Name and Address of Reporting Person*
Ravnaas Robert D.
(Last) (First) (Middle)
777 TAYLOR STREET, SUITE 810
(Street)
FORT WORTH TX 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. Date of Earliest Transaction (Month/Day/Year)
01/26/2018
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 Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common units representing limited partner interests 01/26/2018 A 79,585 A $0 102,222 D
Common units representing limited partner interests 87,484 I See footnote(1)
Common units representing limited partner interests 42,150 I See footnote(2)
Common units representing limited partner interests 35,034 I See footnote(3)
Common units representing limited partner interests 30,332 I See footnote(4)
Common units representing limited partner interests 20,160 I See footnote(5)
Common units representing limited partner interests 16,984 I See footnote(6)
Common units representing limited partner interests 1,368 I See footnote(7)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These common units representing limited partner interests (the "Common Units") are owned directly by Trinity Minerals, and include 30,973 Common Units received in a pro rata distribution from Aledo Royalty Company to its general partners. Such Common Units were previously reported as being held indirectly by the reporting person through Aledo Royalty Company but are now held directly by Trinity Minerals. The reporting person is a general partner of Trinity Minerals.
2. These Common Units are owned directly by Westside Energy LLC, and include (i) 14,933 Common Units received in a pro rata distribution from Rivercrest Royalties Holdings, LLC to its members, (ii) 5,605 Common Units received in a pro rata distribution from Rivercrest Royalties II, LLC to its members, (iii) 3,213 Common Units received in a pro rata distribution from BGT Royalty Partners, LP to its limited partners, and (iv) 39 Common Units received in a pro rata distribution from RCPTX Holdings Genpar, LLC to its members. Such Common Units were previously reported as being held indirectly by the reporting person through each of the foregoing entities but are now held directly by Westside Energy LLC. The reporting person is a member of Westside Energy LLC.
3. These securities are owned directly by Brazos Minerals, L.L.C. The reporting person is a member of Brazos Minerals, L.L.C.
4. These securities are owned directly by Chisholm Minerals, and include 246 Common Units received in a pro rata distribution from FWA Partners, LLC to its members. Such Common Units were previously reported as being held indirectly by the reporting person through FWA Partners, LLC but are now held directly by Chisholm Minerals. The reporting person is a general partner of Chisholm Minerals.
5. These securities are owned directly by Caprock Minerals. The reporting person is a general partner of Caprock Minerals.
6. These securities are owned directly by Fort Worth Minerals. The reporting person is a general partner of Fort Worth Minerals.
7. These securities 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 01/30/2018
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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