Sec Form 13G Filing - Magnolia Oil & Gas Corp (MGY) filing for GULF COAST ULTRA DEEP ROYALTY (GULTU) - 2023-06-01

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 1)*

 

 

 

Gulf Coast Ultra Deep Royalty Trust
(Name of Issuer)

 

Royalty Trust Units
(Title of Class of Securities)

 

40222T104
(CUSIP Number)

 

May 30, 2023
(Date of Event Which Requires Filing of this Statement)

 

 

 

Check the Appropriate Box to Designate the Rule Pursuant to Which this Schedule Is Filed:

 
¨ Rule 13d-1(b)
 
x Rule 13d-1(c)
 
¨ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

1.

Names of Reporting Persons

 

Magnolia Oil & Gas Corporation

 

2.

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a) ¨              (b) x

 

3. SEC Use Only
4.

Citizenship or Place of Organization

 

Delaware

 

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5.

Sole Voting Power

 

0

 

6.

Shared Voting Power

 

0

 

7.

Sole Dispositive Power

 

0

 

8.

Shared Dispositive Power

 

0

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)     ¨
11.

Percent of Class Represented by Amount in Ro w (9)

 

0.0%

 

12.

Type of Reporting Person (See Instructions)

 

CO

 

       

 

 

 

 

Item 1(a). Name of Issuer:
   
  Gulf Coast Ultra Deep Royalty Trust
   
Item 1(b). Address of Issuer’s Principal Executive Offices:
   
  The Bank of New York Mellon Trust Company, N.A., as trustee, Institutional Trust Services, 919 Congress Avenue, Suite 500, Austin, Texas 78701
   
Item 2(a). Names of Person Filing:
   
  Magnolia Oil & Gas Corporation
   
Item 2(b). Address of the Principal Business Office or, if None, Residence:
   
  Nine Greenway Plaza, Suite 1300, Houston, TX 77046
   
Item 2(c). Citizenship:
   
  Delaware
   
Item 2(d). Title of Class of Securities:
   
  Royalty Trust Units
   
Item 2(e). CUSIP Number:
   
  40222T104
   
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n):
   
  Not Applicable.
   
Item 4. Ownership.
   
  The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for the reporting person and is incorporated herein by reference.
   
Item 5. Ownership of Five Percent or Less of a Class.
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
   
  Not Applicable.

 

 

 

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  The information in items 1 through 11 on the cover pages to this Schedule 13G, including the notes thereto, is incorporated by reference.
   
Item 8. Identification and Classification of Members of the Group.
   
  Not Applicable.
   
Item 9. Notice of Dissolution of Group.
   
  Not Applicable.
   
Item 10. Certification
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.    

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: June 1, 2023

 

  MAGNOLIA OIL & GAS CORPORATION
     
  By: /s/ Timothy D. Yang  
  Name: Timothy D. Yang
  Title: Executive Vice President, General Counsel, Corporate Secretary & Land