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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* Taylor Brett G. (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 Officer (give title below) Other (specify below)
	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		66,979	A	$0	94,303	D
Common units representing limited partner interests								80,092	I	See footnote(1)
Common units representing limited partner interests								37,999	I	See footnote(2)
Common units representing limited partner interests								2,172	I	See footnote(3)
Common units representing limited partner interests								1,142	I	See footnote(4)

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 the Brett G. Taylor Royalty Trust, and include (i) 7,582 Common Units received in a pro rata distribution from Trinity Minerals to its carried interest holders, (ii) 3,768 Common Units received in a pro rata distribution from Aledo Royalty Company to its general partners and (iii) 721 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 each of the foregoing entities, but are now held directly by the Brett G. Taylor Royalty Trust. The reporting person is the sole trustee and sole beneficiary of the Brett G. Taylor Royalty Trust.

2. These Common Units are owned directly by BGT Minerals, LLC, and include (i) 37,546 Common Units received in a pro rata distribution from BGT Royalty Partners, LP to its limited partners and (ii) 453 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 BGT Minerals, LLC. The reporting person is the sole member of BGT Minerals, LLC.

3. These Common Units are owned directly by BRD Royalty Holdings LLC. The reporting person is the sole member of BRD Royalty Holdings LLC.

4. These Common Units are owned directly by Neuhoff-Taylor Royalty Company. These Common Units were previously reported as being held indirectly by the reporting person through Aledo Royalty Company, but such Common Units were received in a pro rata distribution from Aledo Royalty Company to its general partners. The reporting person is a general partner of Neuhoff-Taylor Royalty Company.

	/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).
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