BAUER THEODORE 4
4 · SOUTHWEST IOWA RENEWABLE ENERGY, LLC · Filed Mar 14, 2012
Insider Transaction Report
Form 4
BAUER THEODORE
Director
Transactions
- Purchase
7.5% Convertible Subordinated Term Notes due 2014
2012-03-12$42000.00/sh+14$588,000→ 14 total(indirect: By Spouse)Exercise: $0.00Exp: 2014-08-14→ Series A Units (14 underlying)
Footnotes (4)
- [F1]Holders of the Notes may convert them into the Series A Units at a conversion ratio of one Series A Unit issued for every $3,000 of Note principal (including interest paid-in-kind that is capitalized and added to the outstanding principal balance and accrued unpaid interest) converted, subject to adjustment and provided a minimum of $15,000 of Note principal amount is so converted.
- [F2]Any conversion must be effected by the holder on January 31 or July 31 of each year.
- [F3]Represents the aggregate amount of the Note consisting of $3,000 integral amounts.
- [F4]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.