SEC Form 4 · accession 0001179110-17-001793
Clean Energy Fuels Corp. · CLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Boone Pickens
Director · 10% Owner
Period of report
Feb 6, 2017
Accepted (ET)
Feb 6, 2017 · 6:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368265
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.5% Convertible Promissory NoteF2,F3 | $15.80 | Feb 6, 2017 | S | 1 | D | — | — | Common Stock | 1,582,278 | 0 | D |
Explanation of responses
- F1On February 6, 2017, the Reporting Person and the Issuer signed a note repurchase agreement pursuant to which the Reporting Person will sell the note to the Issuer for a cash purchase price of $21.75 million. The sale of the note will close on February 9, 2017.
- F2The Note was convertible into the Issuer's common stock ("Common Stock") at the Reporting Person's option.
- F3The entire principal balance of the note was due and payable on July 11, 2018, and the Issuer was permitted to repay the note in Common Stock or cash.