Hansen Randall Lloyd's Form 4 filing
Lake Area Corn Processors LLC · filed Jan 3, 2025
- Accession no.
- 0001439673-25-000002
- Filed
- Jan 3, 2025
- Trade date
- Jan 1, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions. Open-market purchases total $54.2K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hansen Randall LloydCIK 0001439673 | Director, Officer (Secretary) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 1, 2025 | Class A Membership Units | PPurchaseAcquired | +1,000 | $5.60 | +$5,600 | 101,000 | Indirect | |
| Jan 1, 2025 | Class B Membership Units | PPurchaseAcquired | +9,000 | $5.40 | +$48,600 | 9,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
On October 23, 2024, Lake Area Corn Processors, LLC (the "Issuer") affected a reclassification of the Issuer's limited liability company membership units into four (4) classes. Mr. Hansen's original holding of 100,000 units before the reclassification took place were reclassified as Class A Membership Units. On January 1, 2024, Mr. Hansen purchased 1,000 Class A Units and 9,000 Class B Units which are held in trust with his wife, along with all other units that he owns.