SEC Form 4/A · accession 0001442460-15-000001
Heron Lake BioEnergy, LLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
David J Woestehoff
Director
Period of report
Feb 26, 2015
Accepted (ET)
Feb 26, 2015 · 3:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001286964
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A UnitsF1,F5,F2 | Jul 1, 2014 | C | 500,000 | $0.30 | A | 3,239,846 | D | |
| Class A UnitsF1,F5,F2 | Jul 1, 2014 | C | 500,000 | $0.30 | A | 3,239,846 | D | |
| Class A UnitsF1,F5,F2 | Jul 1, 2014 | C | 1,670,000 | $0.30 | A | 3,239,846 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.25% Subordinated Secured Notes Due 2018F3,F4,F2 | $0.30 | Jul 1, 2014 | C | — | A | May 23, 2014 | Jun 20, 2014 | Class A Units | 500,000 | 0 | D |
| 7.25% Subordinated Secured Notes Due 2018F3,F4,F2 | $0.30 | Jul 1, 2014 | C | — | A | May 23, 2014 | Jun 20, 2014 | Class A Units | 500,000 | 0 | D |
| 7.25% Subordinated Secured Notes Due 2018F3,F4,F2 | $0.30 | Jul 1, 2014 | C | — | A | May 23, 2014 | Jun 20, 2014 | Class A Units | 1,670,000 | 0 | D |
Explanation of responses
- F1Represents Class A Units acquired by the Reporting Person upon conversion of the 7.25% Subordinated Secured Notes Due 2018: 2,670,000 Class A Units owned jointly by Reporting Person and his spouse.
- F2Jointly owned by Reporting Person and his spouse.
- F3Following 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.
- F4The 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.
- F5A Form 4 for this transaction was filed on July 3, 2014. In the original Form 4 the Amount of Securities Beneficially Owned Following Reported Transaction was erroneously reported as 2,990,625. The correct Amount of Securities Beneficially Owned Following Reported Transaction is 3,239,846.