Randall Lloyd Hansen - 01 Jan 2025 Form 4 Insider Report for LAKE AREA CORN PROCESSORS LLC

Signature
/s/ Randy Hansen
Issuer symbol
LKCRU on OTC
Transactions as of
01 Jan 2025
Net transactions value
+$54,200
Form type
4
Filing time
03 Jan 2025, 10:11:53 UTC
Previous filing
06 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Class A Membership Units Purchase $5,600 +1,000 +1% $5.60 101,000 01 Jan 2025 Mr. Hansen owns his units jointly with his wife in trust.
transaction Class B Membership Units Purchase $48,600 +9,000 $5.40 9,000 01 Jan 2025 Mr. Hansen owns his units jointly with his wife in trust.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

On October 23, 2024, Lake Area Corn Processors, LLC (the "Issuer") affected a reclassification of the Issuer's limited liability company membership units into four (4) classes. Mr. Hansen's original holding of 100,000 units before the reclassification took place were reclassified as Class A Membership Units. On January 1, 2024, Mr. Hansen purchased 1,000 Class A Units and 9,000 Class B Units which are held in trust with his wife, along with all other units that he owns.