Simon Daniel J 4
4 · BioFuel Energy Corp. · Filed Jan 15, 2010
Insider Transaction Report
Form 4
Simon Daniel J
Exec. Vice President, COO
Transactions
- Conversion
Common Stock
2010-01-13+162,914→ 562,914 total - Other
Class B Common Stock
2010-01-13−162,914→ 310,946 total - Conversion
Membership Units in BioFuel Energy, LLC
2010-01-13−162,914→ 310,946 totalExercise: $0.00→ Common Stock (162,914 underlying)
Footnotes (2)
- [F1]Pursuant to the Second Amended and Restated LLC Agreement of BioFuel Energy, LLC, Mr. Simon elected to convert 162,914 LLC membership units into Common Stock of the isser, on a one-for-one basis. Upon such conversion an equivalent number of Class B Common shares of the issuer attributable to such exchanged LLC units were retired without further action.
- [F2]Pursuant to the LLC Agreement, the conversion right attributable to the LLC units continues for an indefinite period until termination and dissolution of BioFuel Energy, LLC in accordance with the Agreement.