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

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Oct 2023
Net transaction value: +$21,250
SEC form: 4
Accepted by SEC: 02 Oct 2023, 14:35:58 UTC
Prior SEC filing: 03 Jul 2023
Source filing: View source filing
Reporting owner signature: /s/ Todd Brown

Key filing fact

Todd M. Brown filed Form 4 for LAKE AREA CORN PROCESSORS LLC on 02 Oct 2023.

Key facts

This page summarizes Todd M. Brown's Form 4 filing for LAKE AREA CORN PROCESSORS LLC.
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 02 Oct 2023, 14:35.

Change

Previous filing in this sequence was filed on 03 Jul 2023.
Current net transaction value: +$21,250.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Limited Liability Company Membership Units

Purchase

Transaction value: $21,250
Shares: +5,000
Change %: +1.2%
Price: $4.25^*
Shares after: 422,000
Date: 01 Oct 2023
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

Per unit.

Footnote F3

Mr. Brown owns 422,000 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.