BioFuel Energy Corp. 4
4 · BioFuel Energy Corp. · Filed Jul 11, 2014
Insider Transaction Report
Form 4
Pearce Scott H
DirectorPresident & CEO
Transactions
- Conversion
BioFuel Energy, LLC Membership Units
2014-06-25−14,521→ 0 totalExercise: $0.00→ Common Stock, par value $0.01 (14,521 underlying) - Conversion
Common Stock, par value $0.01
2014-06-25+14,521→ 102,402 total - Other
Class B common stock, par value $0.01
2014-06-25−14,521→ 0 total
Footnotes (2)
- [F1]Pursuant to the Third Amended and Restated LLC Agreement of BioFuel Energy, LLC, Mr. Pearce converted 14,521 LLC common membership units into Common Stock of the Issuer, on a one-for-one basis. Upon such conversion, and 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 Third Amended and Restated LLC Agreement of BioFuel Energy, LLC, 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.