4//SEC Filing
Heron Lake BioEnergy, LLC 4
Accession 0001441697-14-000005
CIK 0001286964operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 3:14 PM ET
Size
11.9 KB
Accession
0001441697-14-000005
Insider Transaction Report
Form 4
Ferguson Robert J
DirectorChief Executive Officer
Transactions
- Conversion
Class A Units
2014-07-01$0.30/sh+170,000$51,000→ 317,250 total - Conversion
7.25% Subordinated Secured Notes Due 2018
2014-07-01→ 0 totalExercise: $0.30From: 2014-05-23Exp: 2014-06-20→ Class A Units (170,000 underlying)
Footnotes (5)
- [F1]Represents Class A Units acquired by the Reporting Person upon conversion of the 7.25% Subordinated Secured Notes Due 2018: 170,000 in the name of the Reporting Person and his spouse.
- [F2]Represents Class A Units beneficially owned by the Reporting Person as follows: 296,250 Class A Units by the Reporting Person and his spouse and 21,000 Class A Units owned by a son of the Reporting Person residing in the Reporting Person's home.
- [F3]Following 5/23/14 notice from the issuer of its intent to exercise its right under the indenture to redeem the 7.25% Subordinated Secured Notes on 7/1/14, the holder of the Notes could elect to convert the notes into Class A units of the Issuer. The conversion right expired 6/20/14 and the effective date of conversion for holders electing conversion was 7/1/2014.
- [F4]The principal amount of the 7.25% Subordinated Secured Notes converted into Class A Units of Heron Lake BioEnergy, LLC at a conversion rate of $.30 per unit.
- [F5]Jointly owned by Reporting Person and his spouse.
Issuer
Heron Lake BioEnergy, LLC
CIK 0001286964
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0001286964
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 3:14 PM ET
- Size
- 11.9 KB