KMP Futures Fund I LLC 4
4 · KMP Futures Fund I LLC · Filed Feb 25, 2014
Insider Transaction Report
Form 4
Shewer Kenneth A
DirectorDir & Chair of Managing Member
Transactions
- Other
Limited Liability Company Interest
2014-02-18$68.43/sh−59.07$4,042→ 0 total - Other
Limited Liability Company Interest
2014-02-18$68.43/sh−38.33$2,623(indirect: By Spouse)
Footnotes (4)
- [F1]Represents limited liability company interests disposed of by the reporting person by redemption of units.
- [F2]On January 31, 1998, the reporting person acquired 59.07 units of Kenmar Global Trust ("KGT"). Effective December 1, 2010, KGT contributed all of its assets into the Issuer, and the board of directors of the Issuer voted to dissolve KGT effective as of December 31, 2010. All investors in KGT who elected not to redeem their units as of December 31, 2010 received a pro rata distribution of their interest in KGT on December 31, 2010, and received replacement units in the Issuer on January 1, 2011. Therefore, as of January 1, 2011, the reporting person directly owned 59.07 units of the Issuer.
- [F3]On June 30, 2007, the reporting person acquired an indirect ownership of 38.33 units of KGT. Effective December 1, 2010, KGT contributed all of its assets into the Issuer, and the board of directors of the Issuer voted to dissolve KGT effective as of December 31, 2010. All investors in KGT who elected not to redeem their units as of December 31, 2010 received a pro rata distribution of their interest in KGT on December 31, 2010, and received replacement units in the Issuer on January 1, 2011. Therefore, as of January 1, 2011, the reporting person indirectly owned 38.33 units of the Issuer.
- [F4]The price reported for the limited liability company interests disposed of is based upon the net asset value of the units as of January 31, 2014, the valuation date for the redemption.