SEC Form 4 · accession 0001140361-15-026778

Green Plains Partners LP · GPP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · 10% Owner

Period of report

Jul 1, 2015

Accepted (ET)

Jul 6, 2015 · 4:49 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001635650

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Units Representing Limited Partner Interests^F1	Jul 1, 2015	J	3,629,982	—	A	3,629,982	D
Common Units Representing Limited Partner Interests^F1,F2	Jul 1, 2015	J	109,955	—	A	109,955	I	See Footnote
Common Units Representing Limited Partner Interests^F1,F2	Jul 1, 2015	J	649,705	—	A	649,705	I	See Footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Subordinated Units representing limited partner interests^F1,F3	—	Jul 1, 2015	J	13,139,822	A	—	—	Common Units representing limited partner interest	13,139,822	13,139,822	D
Subordinated Units representing limited partner interests^F1,F2,F3	—	Jul 1, 2015	J	2,351,806	A	—	—	Common Units representing limited partner interest	2,351,806	2,351,806	I
Subordinated Units representing limited partner interests^F1,F2,F3	—	Jul 1, 2015	J	398,014	A	—	—	Common Units representing limited partner interest	398,014	398,014	I

F1In connection with the closing of the initial public offering of the Issuer (the "Offering"), Green Plains Inc., Green Plains Trucking LLC ("Trucking") and Green Plains Obion LLC ("Obion") pursuant to the Contribution, Conveyance and Assumption Agreement (the "Agreement"),contributed certain assets to the Issuer in exchange for, among other things, 3,629,982 common units and 15,889,642 subordinated units representing an aggregate of 63.8% limited partner interest in the Issuer, which includes common units and subordinated units that Green Plains Inc. may be deemed to beneficially own as the sole member of Trucking and Obion.
F2Pursuant to the Agreement, Trucking received 109,955 Common Units and 398,014 Subordinated Units and Obion received 649,705 Common Units and 2,351,806 Subordinated Units in exchange for certain assets contributed.
F3The subordinated units have no expiration dated and will convert into Common Units on a one-for-one basis at the end of the subordination period described in the Issuer's Registration Statement on Form S-1 (Registration No. 333-204279).