Filing Details

Accession Number:
0001104659-23-067045
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-01 16:18:00
Reporting Period:
2023-05-30
Accepted Time:
2023-06-01 16:18:00
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) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1698990 Magnolia Oil & Gas Corp Nine Greenway Plaza, Suite 1300
Houston TX 77046
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 Disposition 2023-05-30 31,143,150 $0.00 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. The Royalty Trust Units are owned directly by Highlander Oil & Gas Assets LLC, which is a wholly-owned subsidiary of Highlander Oil & Gas Holdings LLC ("Holdings"). MGY Louisiana LLC held approximately 85% of the units in Holdings. MGY Louisiana LLC is a wholly-owned subsidiary of Magnolia Oil & Gas Operating LLC, which is a wholly-owned subsidiary of Magnolia Oil & Gas Intermediate LLC, which is a wholly-owned subsidiary of Magnolia Oil & Gas Parent LLC, whose managing member is Magnolia Oil & Gas Corporation ("Magnolia"). Magnolia disclaims its beneficial ownership of the Royalty Trust Units except to the extent of its pecuniary interest therein. On May 30, 2023, MGY Louisiana LLC sold all of its units in Holdings to a third party.