Lake Area Corn Processors LLC : Statement of Changes in Beneficial Ownership (Form 4)


Ownership Submission

FORM 4

Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *

BROWN TODD M

2. Issuer Name and Ticker or Trading Symbol
LAKE AREA CORN PROCESSORS LLC [NA]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director

_____ 10% Owner

_____ Officer (give title below)

____ Other (specify below)

(Last)

(First)

(Middle)

1007 EAGLE RUN

3. Date of Earliest Transaction (Month/Day/Year)

(Street)

DELL RAPIDS

SD

57022

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Join/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code

4. Securities Acquired (A) or Disposed of (D)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)

6. Ownership Form: Direct (D) or Indirect (I)

7. Nature of Indirect Beneficial Ownership

Code

V

Amount

(A) or (D)

Price

Table II – Derivative Securities Beneficially Owned (egputs, calls, warrants, options, convertible securities)
(egputs, calls, warrants, options, convertible securities)

1. Title of Derivate Security

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

6. Date Exercisable and Expiration Date

7. Title and Amount of Securities Underlying Derivative Security

8. Price of Derivative Security

9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)

11. Nature of Indirect Beneficial Ownership

Code

V

(A)

(D)

Date Exercisable

Expriation Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships

Director

10% Owner

Officer

Other

BROWN TODD M
1007 EAGLE RUN

DELL RAPIDS, SD57022

X

Signatures

/s/ Todd Brown

2022-07-01

**Signature of Reporting Person

Date

Explanation of Responses:

If the form is filed by more than one reporting person, see

Instruction 5(b)(v).

(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See

18 USC 1001 and 15 USC 78ff(a).

(1)

per unit.

(2)

Mr. Brown owns 376,500 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. Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See

Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Disclaimer Lake Area Corn Proorationcessors LLC published this content on 05 July 2022 and is responsible for the information contained therein. Distributed by Public, unedited and unaltered, on05 July 2022 21:13:02 UTC

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Publicnow 2022

All news about LAKE AREA CORN PROCESSORS, LLC

Sales 2021
259
Net income 2021
57,1 M
Net cash 2021
33,0 M
P/E ratio 2021
1,09x Yield 2021
14.3% Capitalization
62.2 M
62.2 M
EV / Sales 2020
0.71x EV / Sales 2021
0.11x Nbr of Employees
46 Free-Float


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