Todd M. Brown - 01 Apr 2023 Form 4 Insider Report for LAKE AREA CORN PROCESSORS LLC

Role
Director
Signature
/s/ Todd M. Brown
Issuer symbol
LKCRU on OTC
Transactions as of
01 Apr 2023
Net transactions value
+$74,490
Form type
4
Filing time
03 Apr 2023, 09:09:53 UTC
Previous filing
05 Jul 2022
Next filing
03 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Limited Liability Company Membership Units Purchase $19,750 +5,000 +1.3% $3.95* 391,500 01 Apr 2023 Direct F1, F2, F3
transaction Limited Liability Company Membership Units Purchase $54,740 +14,000 +3.6% $3.91* 405,500 01 Apr 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Units that Mr. Brown has previously reported in his Form 4s have been labeled as "Class A Capital Units" however, these are "Limited Liability Company Membership Units" as the issuer only has one class of securities registered.
F2 Per Unit
F3 Mr. Brown owns 395,500 units jointly with his wife, with shared investment and voting power. Mr. Brown beneficially owns 10,000 units which are owned by his wife individually.