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Filing Details

Accession Number:: 0001181431-13-050732
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-09-26 21:32:18
Reporting Period:: 2013-09-24

Filing Date:: 2013-09-26
Accepted Time:: 2013-09-26 21:32:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1538822	Pacific Coast Oil Trust	ROYT	Crude Petroleum & Natural Gas (1311)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1548801	Metalmark Breitburn Holdings Llc	1177 Avenue Of The Americas, 40Th Floor New York NY 10036	No	No	Yes	No
1548802	Metalmark Capital Partners Ii Gp, L.p.	1177 Avenue Of The Americas, 40Th Floor New York NY 10036	No	No	Yes	No
1548804	Metalmark Capital Holdings Llc	1177 Avenue Of The Americas, 40Th Floor New York NY 10036	No	No	Yes	No
1548806	Metalmark Capital Partners (C) Ii, L.p.	1177 Avenue Of The Americas, 40Th Floor New York NY 10036	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Trust Units Representing Beneficial Interests	Disposition	2013-09-24	4,410,944	$17.10	3,866,497	No	4	S	Indirect	By PCEC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By PCEC

Footnotes

Metalmark BreitBurn Holdings LLC ("Metalmark Breitburn") sold the 4,410,944 Trust Units (as defined below). Metalmark Capital Partners II GP, L.P. is the managing general partner of each of the funds, including Metalmark Capital Partners (C) II, L.P. (the "Metalmark Funds"), that owns the limited liability company interests of Metalmark Breitburn and has voting control over their limited liability company interests in Metalmark Breitburn. Investment decisions on behalf of the Metalmark Funds, including with respect to their limited liability company interests in Metalmark Breitburn, are made by the team of investment professionals responsible for the management of the Metalmark Funds. Metalmark Capital Holdings LLC is the general partner of Metalmark Capital Partners II GP, L.P.
Pursuant to a registration rights agreement, Pacific Coast Oil Trust (the "Trust") registered the sale of 20,083,158 Trust Units representing Beneficial Interests in the Trust ("Trust Units") on a shelf registration statement. On September 23, 2013, Metalmark Breitburn received 4,410,944 Trust Units from Pacific Coast Energy Company LP ("PCEC") pursuant to a distribution to holders of interest in Pacific Coast Energy Holdings LLC ("PCEH"), the parent of PCEC, in accordance with the terms of the PCEH Amended and Restated Limited Liability Company Agreement. Prior to such distribution, Metalmark Breitburn indirectly beneficially owned such Trust Units through PCEC and its parent PCEH.
PCEC directly owns 3,866,497 Trust Units. The reporting persons' ownership is indirect through PCEC.