Pearce Scott H 4
4 · BioFuel Energy Corp. · Filed Aug 31, 2012
Insider Transaction Report
Form 4
Pearce Scott H
DirectorPresident & CEO
Transactions
- Other
Class B Common Stock
2012-08-30−16,922→ 14,521 total - Other
BioFuel Energy, LLC Membership Units
2012-08-30−16,922→ 14,521 totalExercise: $0.00→ Common Stock (16,922 underlying)
Footnotes (3)
- [F1]Forfeit by Mr. Pearce pursuant to the "true-up" provisions of the Second Amended and Restated Limited Liability Company Agreement of BioFuel Energy, LLC dated as of June 19, 2007.
- [F2]As adjusted for the 1-for-20 reverse stock split effective June 14, 2012.
- [F3]Pursuant to the Third Amended and Restated LLC Agreement of BioFuel Energy, LLC, each LLC common membership unit may be converted into shares of common stock of the Issuer, on a one-for-one basis, in which event an equivalent number of shares of Class B Common Stock of the Issuer will be retired. The conversion right of common unit holders continues for an indefinite period until termination and dissolution of BioFuel Energy, LLC in accordance with the Agreement.