SEC Form 3 · accession 0001279569-19-000442
Global Clean Energy Holdings, Inc. · GCEH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
GrowthWorks Canadian Fund Ltd.
10% Owner
Period of report
Dec 26, 2018
Accepted (ET)
Feb 28, 2019 · 1:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000748790
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | holding | — | — | — | 40,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1GrowthWorks Commercialization Fund Ltd. ("GW Comm") is also a reporting person for purposes of this Form 3. GW Comm's address is: 66 Wellington Street West, Suite 5300, Toronto, Ontario, Canada M5K 1E6. Each of the reporting persons disclaims beneficial ownership of the reported shares except to the extent of its respective pecuniary interest therein.
- F2The shares were assigned to Pacific Sequoia Holdings LLC, AllianceBernstein Venture Fund I, L.P. and GrowthWorks Canadian Fund Ltd. (collectively, the "Collateral Agent") pursuant to an assignment agreement. The Collateral Agent was designated as collateral agent pursuant to a guarantee and security agreement by and between the Collateral Agent and other parties thereto (the "Security Agreement"). The shares were assigned to the Collateral Agent in partial satisfaction of the obligations owed under the Security Agreement. Each of the reporting persons is entitled to the benefit of the Security Agreement in its capacity as a creditor of the debtor party to the Security Agreement, Targeted Growth, Inc.