4//SEC Filing
Seaberg Karen 4
Accession 0001214659-25-012549
CIK 0000835011other
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 4:20 PM ET
Size
14.1 KB
Accession
0001214659-25-012549
Insider Transaction Report
Form 4
Seaberg Karen
Director
Transactions
- OtherSwap
Forward Sale Contract (Obligation to Sell)
2025-08-20−1→ 0 total(indirect: By Cray MGP Holdings LP)From: 2025-09-05Exp: 2025-09-05→ Common Stock
Footnotes (3)
- [F1]The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligated Cray MGP Holdings, LP to deliver to the respective redeemed limited partner an indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") on September 5, 2025 (the "Final Delivery Date"). On August 20, 2025, Cray MGP Holdings LP, Cray Management and the aforementioned limited partners of Cray MGP Holdings, LP entered into amendments to their respective redemption agreements dated as of June 7, 2023, pursuant to which the parties agreed to change the Final Delivery Date from September 5, 2025 to September 5, 2026.
- [F2]The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,126,832.39 by the last reported sales price on the fifth trading day immediately prior to the delivery date.
- [F3]The number of Future Closing Shares deliverable to this redeemed limited partner on the delivery date is determined by dividing one-third of $18,124,909.32 by the last reported sales price on the fifth trading day immediately prior to the delivery date.
Documents
Issuer
MGP INGREDIENTS INC
CIK 0000835011
Entity typeother
Related Parties
1- filerCIK 0001471262
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 4:20 PM ET
- Size
- 14.1 KB