Sec Form 4 Filing - Ravnaas Robert D. @ Kimbell Royalty Partners, LP - 2017-05-12

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Ravnaas Robert D. 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 (Last) (First) (Middle) 777 TAYLOR STREET, SUITE 810 3. Date of Earliest Transaction (MM/DD/YY) 05/12/2017 (Street) FORT WORTH, TX76102 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 05/12/2017 A 22,637 A $ 0 22,637 D Common units representing limited partner interests 56,511 I See footnote ( 1 ) Common units representing limited partner interests 35,034 I See footnote ( 2 ) Common units representing limited partner interests 30,973 I See footnote ( 3 ) Common units representing limited partner interests 30,086 I See footnote ( 4 ) Common units representing limited partner interests 20,160 I See footnote ( 5 ) Common units representing limited partner interests 18,361 I See footnote ( 6 ) Common units repres enting limited partner interests 16,984 I See footnote ( 7 ) Common units representing limited partner interests 14,933 I See footnote ( 8 ) Common units representing limited partner interests 8,751 I See footnote ( 9 ) Common units representing limited partner interests 1,368 I See footnote ( 10 ) Common units representing limited partner interests 247 I See footnote ( 11 ) Common units representing limited partner interests 106 I See footnote ( 12 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ravnaas Robert D. 777 TAYLOR STREET, SUITE 810 FORT WORTH, TX76102 X Chief Executive Officer Signatures /s/ Matthew S. Daly, Attorney-in-Fact 05/16/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These securities are owned directly by Trinity Minerals. The reporting person is a general partner of Trinity Minerals. ( 2 )These securities are owned directly by Brazos Minerals, L.L.C. The reporting person is a member of Brazos Minerals, L.L.C. ( 3 )These securities are owned directly by Aledo Royalty Company. The reporting person is a general partner of Trinity Minerals, a general partner of Aledo Royalty Company. ( 4 )These securities are owned 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 Westside Energy LLC. The reporting person is a member of Westside Energy LLC. ( 7 )These securities are owned directly by Fort Worth Minerals. The reporting person is a general partner of Fort Worth Minerals. ( 8 )These securities are owned directly by Rivercrest Royalties Holdings, LLC. The reporting person is a member of Westside Energy LLC, a member of Rivercrest Royalties Holdings, LLC. ( 9 )These securities are owned directly by BGT Royalty Partners, LP. The reporting person is a member of Westside Energy LLC, which is both (i) a limited partner of BGT Royalty Partners, LP and (ii) a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP. ( 10 )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. ( 11 )These securities are owned directly by FWA Partners, LLC. The reporting person is a general partner of Chisholm Minerals, a member of FWA Partners, LLC. ( 12 )These securities are owned directly by RCPTX Holdings Genpar, LLC. The reporting person is a member of Westside Energy LLC, which is both (i) a limited partner of BGT Royalty Partners, LP and (ii) a member of Rivercrest Royalties II, LLC, a limited partner of BGT Royalty Partners, LP. BGT Royalty Partners, LP is the sole member of RCPTX Holdings Genpar, LLC.

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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