Neil S. Subin - 13 Jun 2022 Form 4 Insider Report for Gulf Coast Ultra Deep Royalty Trust (GULTU)

Role
10%+ Owner
Signature
/s/ Neil S. Subin
Issuer symbol
GULTU
Transactions as of
13 Jun 2022
Net transactions value
-$30,183
Form type
4
Filing time
15 Jun 2022, 18:36:51 UTC
Previous filing
28 Oct 2021
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GULTU Common Stock Sale $137 -2,242 -0.85% $0.0610 260,104 13 Jun 2022 By Co-Trustee GST Lloyd A. Crider F1, F2
transaction GULTU Common Stock Sale $423 -6,928 -0.85% $0.0610 803,523 13 Jun 2022 By Miller Family Education and Medical Trust F1, F2, F3
transaction GULTU Common Stock Sale $95.95 -1,573 -0.85% $0.0610 182,500 13 Jun 2022 By Trustee GST Catherine C. Miller F1, F2
transaction GULTU Common Stock Sale $1,228 -20,123 -0.85% $0.0610 2,334,016 13 Jun 2022 By Lloyd I. Miller, III Revocable Trust F1, F2
transaction GULTU Common Stock Sale $1,939 -31,789 -0.85% $0.0610 3,687,160 13 Jun 2022 By LIMFAM LLC F1, F2
transaction GULTU Common Stock Sale $137 -2,245 -0.85% $0.0610 260,351 13 Jun 2022 By Milfam I L.P. F1, F2
transaction GULTU Common Stock Sale $18,235 -298,938 -0.85% $0.0610 34,673,944 13 Jun 2022 By Milfam II L.P. F1, F2
transaction GULTU Common Stock Sale $845 -13,855 -0.85% $0.0610 1,607,047 13 Jun 2022 By MBM - Trust A-4 F1, F2
transaction GULTU Common Stock Sale $121 -1,979 -0.85% $0.0610 229,558 13 Jun 2022 By Milfam LLC F1, F2
transaction GULTU Common Stock Sale $423 -6,928 -0.85% $0.0610 803,523 13 Jun 2022 By Susan F. Miller Spousal Trust A-4 F1, F2, F3
transaction GULTU Common Stock Sale $5,103 -85,057 -0.25% $0.0600 34,588,887 14 Jun 2022 By Milfam II L.P. F1, F2
transaction GULTU Common Stock Sale $543 -9,045 -0.25% $0.0600 3,678,115 14 Jun 2022 By LIMFAM LLC F1, F2
transaction GULTU Common Stock Sale $344 -5,726 -0.25% $0.0600 2,328,290 14 Jun 2022 By Lloyd I. Miller, III Revocable Trust F1, F2
transaction GULTU Common Stock Sale $237 -3,942 -0.25% $0.0600 1,603,105 14 Jun 2022 By MBM - Trust A-4 F1, F2
transaction GULTU Common Stock Sale $118 -1,971 -0.25% $0.0600 801,552 14 Jun 2022 By Miller Family Education and Medical Trust F1, F2, F3
transaction GULTU Common Stock Sale $118 -1,971 -0.25% $0.0600 801,552 14 Jun 2022 By Susan F. Miller Spousal Trust A-4 F1, F2, F3
transaction GULTU Common Stock Sale $38.34 -639 -0.25% $0.0600 259,712 14 Jun 2022 By Milfam I L.P. F1, F2
transaction GULTU Common Stock Sale $38.28 -638 -0.25% $0.0600 259,466 14 Jun 2022 By Co-Trustee GST Lloyd A. Crider F1, F2
transaction GULTU Common Stock Sale $33.78 -563 -0.25% $0.0600 228,995 14 Jun 2022 By Milfam LLC F1, F2
transaction GULTU Common Stock Sale $26.88 -448 -0.25% $0.0600 182,052 14 Jun 2022 By Trustee GST Catherine C. Miller F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Except for possessing voting and dispositive power, the reporting person disclaims any other beneficial ownership of, and specifically any pecuniary interest in, the securities reported herein. This filing is not, and shall not be deemed, an admission (and the reporting person expressly disclaims) that the reporting person is, for purposes of Rule 16a-1(a)(2) under Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the beneficial owner of any equity securities covered by this filing.
F2 Mr. Neil Subin is the President and Manager of MILFAM LLC, which serves as manager, general partner, or investment advisor of a number of entities formerly managed or advised by the late Lloyd I. Miller, III. Mr. Subin also serves as trustee of a number of Miller family trusts. There has been no acquisition transaction by the reporting person with respect to the securities reported herein within the meaning of Section 16 of the Exchange Act.
F3 Lloyd I. Miller, III Trust A-4 distributed 100% of its beneficially owned Issuer shares of common stock to Miller Family Education and Medical Trust and Susan F. Miller Spousal Trust A-4, which each received 810,451 Issuer shares of common stock.