Gulf Coast Ultra Deep Royalty Trust (GULTU) Form 4 Gulf Coast Ultra Deep Royalty Trust / NEIL S SUBIN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SUBIN NEIL S

(Last) (First) (Middle)

2336 SE OCEAN BLVD, SUITE 400

(Street)

STUART FL 34996

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Gulf Coast Ultra Deep Royalty Trust [ GULTU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/27/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/27/2024		S		134,204	D	$0.0165	0	I	Catherine C Miller Irrevocable GST Trust(1)
Common Stock	11/27/2024		S		1,716,375	D	$0.0165	0	I	LIM III Estate LLC(1)
Common Stock	11/27/2024		S		2,711,445	D	$0.0165	0	I	LIMFAM LLC(1)
Common Stock	11/27/2024		S		191,275	D	$0.0165	0	I	Lloyd A Crider Trust(1)
Common Stock	11/27/2024		S		1,181,780	D	$0.0165	0	I	Marli B Miller Trust A4(1)
Common Stock	11/27/2024		S		191,454	D	$0.0165	0	I	MILFAM I, LP(1)
Common Stock	11/27/2024		S		25,498,192	D	$0.0165	0	I	MILFAM II, LP(1)
Common Stock	11/27/2024		S		168,811	D	$0.0165	0	I	MILFAM, LLC(1)
Common Stock	11/27/2024		S		590,892	D	$0.0165	0	I	Miller Family Education and Medical Trust(1)
Common Stock	11/27/2024		S		590,891	D	$0.0165	0	I	Susan F Miller Spousal Trust A4(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Neil S. Subin	12/02/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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