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

Reporting relationship: Secretary, Director
Issuer ticker: N/A
Reported as of: 01 Jan 2025
Net transaction value: +$54,200
SEC form: 4
Accepted by SEC: 03 Jan 2025, 10:11:53 UTC
Prior SEC filing: 06 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Randy Hansen

Key filing fact

Randall Lloyd Hansen filed Form 4 for LAKE AREA CORN PROCESSORS LLC on 03 Jan 2025.

Key facts

This page summarizes Randall Lloyd Hansen's Form 4 filing for LAKE AREA CORN PROCESSORS LLC.
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Jan 2025, 10:11.

Change

Previous filing in this sequence was filed on 06 Jun 2024.
Current net transaction value: +$54,200.

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

Class A Membership Units

Purchase

Transaction value: $5,600
Shares: +1,000
Change %: +1%
Price: $5.60
Shares after: 101,000
Date: 01 Jan 2025
Ownership: Mr. Hansen owns his units jointly with his wife in trust.

No ticker transaction

Class B Membership Units

Purchase

Transaction value: $48,600
Shares: +9,000
Change %
Price: $5.40
Shares after: 9,000
Date: 01 Jan 2025
Ownership: Mr. Hansen owns his units jointly with his wife in trust.

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

Additional SEC filing notes

Filing notes and footnotes

SEC 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.