SHERMAN SCOTT G 4
4 · HUGOTON ROYALTY TRUST · Filed May 5, 2010
Insider Transaction Report
Form 4
SHERMAN SCOTT G
Director
Transactions
- Sale
Units of Beneficial Interest
2010-05-03$19.72/sh−2,535$49,980→ 31,438 total(indirect: By Partnership)
Holdings
- 10,571
Units of Beneficial Interest
Footnotes (1)
- [F1]This transaction was executed in multiple trades at prices ranging from $19.68 to $19.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.