SEC Form 4 · accession 0001209191-16-095680
Gulf Coast Ultra Deep Royalty Trust · GULTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lloyd I Miller III
10% Owner
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 2:39 pm 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 2, 2016 | S | 695,000 | $0.1306 | D | 2,404,139 | D | |
| Common StockF1,F2 | Feb 2, 2016 | S | 505,000 | $0.1306 | D | 1,012,596 | I | By Milfam I L.P. |
| Common StockF2 | holding | — | — | — | 22,472,882 | I | By Milfam II L.P. | |
| Common StockF2 | holding | — | — | — | 262,346 | I | By Lloyd I. Miller, III, Co-Trustee GST Lloyd A. Crider | |
| Common StockF2 | holding | — | — | — | 184,073 | I | By Lloyd I. Miller, III, Trustee GST Catherine C. Miller | |
| Common StockF2 | holding | — | — | — | 3,718,949 | I | By LIMFAM LLC | |
| Common StockF2 | holding | — | — | — | 231,537 | I | By Milfam LLC | |
| Common StockF2 | holding | — | — | — | 3,491,804 | I | By Trust A-4 - Lloyd I. Miller |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually paid ranged from $0.13 to $0.15 per share. The reporting person will provide the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at teach price within the range.
- F2The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.