GULTU

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 13

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lloyd I. Miller, III Revocable Trust

Disclosed balance after: 2,328,290

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 12

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By LIMFAM LLC

Disclosed balance after: 3,678,115

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 11

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam II L.P.

Disclosed balance after: 34,588,887

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 10

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Susan F. Miller Spousal Trust A-4

Disclosed balance after: 803,523

F1 · balance_after: 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 · balance_after: 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 · ownership.nature: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 9

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam LLC

Disclosed balance after: 229,558

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 8

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By MBM - Trust A-4

Disclosed balance after: 1,607,047

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 7

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam II L.P.

Disclosed balance after: 34,673,944

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 6

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam I L.P.

Disclosed balance after: 260,351

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 5

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By LIMFAM LLC

Disclosed balance after: 3,687,160

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 4

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Lloyd I. Miller, III Revocable Trust

Disclosed balance after: 2,334,016

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 3

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trustee GST Catherine C. Miller

Disclosed balance after: 182,500

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 2

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Miller Family Education and Medical Trust

Disclosed balance after: 803,523

F1 · balance_after: 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 · balance_after: 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 · ownership.nature: 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.

SEC source: 0001213900-22-033166 · ownership.xml · nonDerivative · entry 1

SUBIN NEIL S · CIK 0001201333 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Co-Trustee GST Lloyd A. Crider

Disclosed balance after: 260,104

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001209191-19-008205 · doc4.xml · nonDerivative · entry 1

FREEPORT-MCMORAN INC · CIK 0000831259 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Through subsidiary

Disclosed balance after: 31,143,149

F1 · ownership.nature: The Royalty Trust Units are held by McMoRan Oil & Gas LLC, an indirect wholly owned subsidiary of Freeport-McMoRan Inc.

SEC source: 0001209191-17-060566 · doc4.xml · nonDerivative · entry 1

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam I L.P.

Disclosed balance after: 262,596

F1 · balance_after: The 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.

SEC source: 0001209191-17-059934 · doc4.xml · nonDerivative · entry 1

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam I L.P.

Disclosed balance after: 370,196

F1 · balance_after: The 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.

SEC source: 0001209191-17-059707 · doc4.xml · nonDerivative · entry 1

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam I L.P.

Disclosed balance after: 516,346

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $0.03 to $0.0311 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.

F2 · balance_after: The 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.

SEC source: 0001209191-17-059574 · doc4.xml · nonDerivative · entry 3

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam I L.P.

Disclosed balance after: 620,196

F1 · balance_after: The 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.

SEC source: 0001209191-17-059574 · doc4.xml · nonDerivative · entry 2

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By MBM - Trust A-4

Disclosed balance after: 1,620,902

F1 · balance_after: The 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.

SEC source: 0001209191-17-059574 · doc4.xml · nonDerivative · entry 1

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By LIM III - Trust A-4

Disclosed balance after: 1,620,902

F1 · balance_after: The 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.

SEC source: 0001209191-17-059389 · doc4.xml · nonDerivative · entry 3

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,354,139

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $0.033 to $0.0335 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.

SEC source: 0001209191-17-059389 · doc4.xml · nonDerivative · entry 2

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By MBM - Trust A-4

Disclosed balance after: 1,645,902

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $0.033 to $0.0335 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.

F2 · balance_after: The 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.

F3 · balance_after: On September 27, 2017, in accordance with that certain Exercise of Authority of Distribution Adviser of Trust A-4, dated as of August 10, 2017, pursuant to which all securities held by Trust A-4 - Lloyd I. Miller were decanted to two (2) newly formed trusts, the investment adviser to Trust A-4 - Lloyd I. Miller directed the trustee and distribution adviser to distribute fifty percent (50%) of such securities to LIM III - Trust A-4 and fifty percent (50%) of such securities to MBM - Trust A-4. The decanting and distribution of all securities held or formerly held by Trust A-4 - Lloyd I. Miller is in process and final consummation thereof has yet to occur. Such transactions, when consummated, only effect a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in such securities and was (or will be) exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13.

SEC source: 0001209191-17-059389 · doc4.xml · nonDerivative · entry 1

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By LIM III - Trust A-4

Disclosed balance after: 1,645,902

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $0.033 to $0.0335 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.

F2 · balance_after: The 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.

F3 · balance_after: On September 27, 2017, in accordance with that certain Exercise of Authority of Distribution Adviser of Trust A-4, dated as of August 10, 2017, pursuant to which all securities held by Trust A-4 - Lloyd I. Miller were decanted to two (2) newly formed trusts, the investment adviser to Trust A-4 - Lloyd I. Miller directed the trustee and distribution adviser to distribute fifty percent (50%) of such securities to LIM III - Trust A-4 and fifty percent (50%) of such securities to MBM - Trust A-4. The decanting and distribution of all securities held or formerly held by Trust A-4 - Lloyd I. Miller is in process and final consummation thereof has yet to occur. Such transactions, when consummated, only effect a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in such securities and was (or will be) exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13.

SEC source: 0001209191-16-147265 · doc4.xml · nonDerivative · entry 1

MILLER LLOYD I III · CIK 0000949119 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Milfam II L.P.

Disclosed balance after: 34,972,882

F1 · balance_after: The 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.

SEC source: 0001209191-16-147280 · doc4.xml · nonDerivative · entry 2

Mount Kellett Capital Management LP · CIK 0001479058 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

F1 · ownership.nature: The royalty trust units (the "Royalty Trust Units") of Gulf Coast Ultra Deep Royalty Trust, a Delaware statutory trust, are held by certain funds and managed accounts affiliated with Mount Kellett Capital Management LP, a Delaware limited partnership (the "Reporting Person").

F2 · ownership.nature: The Reporting Person's interest in the Royalty Trust Units reported herein is limited to its pecuniary interest, if any, in such Royalty Trust Units.

SEC source: 0001209191-16-147280 · doc4.xml · nonDerivative · entry 1

Mount Kellett Capital Management LP · CIK 0001479058 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 27,837,743

F1 · ownership.nature: The royalty trust units (the "Royalty Trust Units") of Gulf Coast Ultra Deep Royalty Trust, a Delaware statutory trust, are held by certain funds and managed accounts affiliated with Mount Kellett Capital Management LP, a Delaware limited partnership (the "Reporting Person").

F2 · ownership.nature: The Reporting Person's interest in the Royalty Trust Units reported herein is limited to its pecuniary interest, if any, in such Royalty Trust Units.

SEC source: 0001209191-16-143041 · doc4.xml · nonDerivative · entry 1

Mount Kellett Capital Management LP · CIK 0001479058 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 27,872,743

F1 · price: The price of $0.0709 is the average price per Royalty Trust Unit of all Royalty Trust Units sold on September 26, 2016. The price per Royalty Trust Unit ranged from $0.07 to $0.073. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.

F2 · ownership.nature: The royalty trust units (the "Royalty Trust Units") of Gulf Coast Ultra Deep Royalty Trust, a Delaware statutory trust, are held by certain funds and managed accounts affiliated with Mount Kellett Capital Management LP, a Delaware limited partnership (the "Reporting Person").

F3 · ownership.nature: The Reporting Person's interest in the Royalty Trust Units reported herein is limited to its pecuniary interest, if any, in such Royalty Trust Units.