SEC Form 4 · accession 0000898382-15-000009
Gulf Coast Ultra Deep Royalty Trust · GULTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon G Cooperman
10% Owner
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 11:47 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001565146
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Royalty Trust UnitsF1 | Feb 18, 2015 | P | 30,000 | $0.9708 | A | 5,000,000 | D | |
| Royalty Trust UnitsF2 | holding | — | — | — | 6,330,220 | I | Managed Accounts | |
| Royalty Trust UnitsF3 | holding | — | — | — | 3,665,207 | I | Omega Capital Partners | |
| Royalty Trust UnitsF4 | holding | — | — | — | 1,859,774 | I | Omega Equity Investors | |
| Royalty Trust UnitsF5 | holding | — | — | — | 1,794,481 | I | Omega Capital Investors | |
| Royalty Trust UnitsF6 | holding | — | — | — | 5,134,311 | I | Omega Overseas Partners |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $.95 to $1.00, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- F2The securities are held in Managed Accounts over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F3The securities are held in the account of Omega Capital Partners, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F4The securities are held in the account of Omega Equity Investors, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F5The securities are held in the account of Omega Capital Investors, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F6The securities are held in the account of Omega Overseas Partners, Ltd, a Cayman Island exempted company, over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.