Sovereign David A 4
4 · GOLDEN GRAIN ENERGY · Filed Jul 22, 2020
Insider Transaction Report
Form 4
Sovereign David A
Director
Transactions
- Other
Class A Membership Units
2020-07-20−57,000→ 117,000 total(indirect: see footnote) - Other
Class B Membership Units
2020-07-20−2,000→ 39,000 total(indirect: see footnote)
Footnotes (2)
- [F1]57,000 Class A units are owned jointly by Dave A. Sovereign and Shirley A. Sovereign Revocable Trust, and Dave beneficially owns 60,000 Class A units through DRSG Partnership of which Mr. Sovereign is a partner. Dave Sovereign shares investment and voting power with respect to the 57,000 Class A units with his spouse.
- [F2]2,000 Class B units are owned jointly by Dave A. Sovereign and Shirley A. Sovereign Revocable Trust, and Dave beneficially owns 17,000 Class B units through Mr. Sovereign's part ownership of GDB, LLC and beneficially owns 20,000 Class B units through Mr. Sovereign's part ownership in DRSG Partnership. Dave Sovereign shares investment and voting power with respect to the 2,000 Class B units with his spouse and shares investment and voting power with respect to the 37,000 Class B units with the other owners of GDB, LLC and DRSG Partnership.