US BioEnergy CORP 4
4 · US BioEnergy CORP · Filed Jun 12, 2007
Insider Transaction Report
Form 4
Fagen Roland J
10% Owner
Transactions
- Purchase
Common Stock
2007-06-08+50,000→ 4,362,500 total(indirect: By Global Ethanol, Inc.)
Holdings
- 8,925,062(indirect: By LLC)
Common Stock
- 335,312
Common Stock
- 7,500
Stock Option (right to buy)
Exercise: $4.00Exp: 2012-01-28→ Common Stock (7,500 underlying) - 812,500(indirect: By Global Ethanol, Inc.)
Stock Option (right to buy)
Exercise: $4.00Exp: 2015-11-17→ Common Stock (812,500 underlying)
Footnotes (5)
- [F1]On June 8, 2007, the reporting person purchased 50,000 shares of common stock of the corporation that owns the reported securities for $687,364. After this transaction, the reporting person and his spouse own 92.40% of the corporation that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F2]The reporting person and his spouse are the members of the limited liability company that owns the reported securities.
- [F3]The option is exercisable in three annual installments. The first two installments became exercisable on January 28, 2006 and January 28, 2007. The third installment becomes exercisable on January 28, 2008.
- [F4]The option is exercisable in three annual installments. The first installment became exercisable on November 28, 2006. The next two installments become exercisable on November 28, 2007 and November 28, 2008.
- [F5]The holder of this option may exercise it at any time.