Filing Details

Accession Number:
0000898382-15-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-20 11:47:41
Reporting Period:
2015-02-18
Filing Date:
2015-02-20
Accepted Time:
2015-02-20 11:47:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1565146 Gulf Coast Ultra Deep Royalty Trust GULTU Crude Petroleum & Natural Gas (1311) 466448579
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
898382 G Leon Cooperman 11431 W. Palmetto Park Road
Boca Raton FL 33428
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Royalty Trust Units Acquisiton 2015-02-18 30,000 $0.97 5,000,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Royalty Trust Units 6,330,220 Indirect Managed Accounts
Royalty Trust Units 3,665,207 Indirect Omega Capital Partners
Royalty Trust Units 1,859,774 Indirect Omega Equity Investors
Royalty Trust Units 1,794,481 Indirect Omega Capital Investors
Royalty Trust Units 5,134,311 Indirect Omega Overseas Partners
Footnotes
  1. The 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.
  2. The 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.
  3. The 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.
  4. The 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.
  5. The 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.
  6. The 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.