Green Brick Partners, Inc. — Director's Dealing 2012

Aug 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BioFuel Energy Corp. (BIOF)
CIK: 0001373670
Period of Report: 2012-08-30

Reporting Person: Loeb Daniel S (10% Owner)
Reporting Person: Third Point LLC (10% Owner)
Reporting Person: THIRD POINT PARTNERS LP (10% Owner)
Reporting Person: THIRD POINT PARTNERS QUALIFIED L P (10% Owner)
Reporting Person: Third Point Offshore Master Fund, L.P. (10% Owner)
Reporting Person: Third Point Ultra Master Fund L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-30	Common Stock, par value $0.01 per share	J	34691	—	Acquired	1043123	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	11224	Direct

Footnotes

F1: Third Point LLC ("Third Point") is investment manager or adviser to a variety of hedge funds and managed accounts (the "Funds"). Mr. Loeb is the Chief Executive Officer of Third Point, and by reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.

F2: Third Point and Mr. Loeb each disclaims beneficial ownership of these securities except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed to be an admission that Third Point or Mr. Loeb is the beneficial owner of these securities for purposes of Section 16 of the Securities and Exchange Act, as amended (the "Act"), and the rules promulgated thereunder or for any other purpose. Each of Third Point Partners L.P., Third Point Partners Qualified L.P., Third Point Offshore Master Fund L.P., and Third Point Ultra Master Fund L.P. hereby disclaims beneficial ownership of any securities reported herein other than those which it directly holds, for purposes of Section 16 of the Act and the rules promulgated thereunder or for any other purpose.

F3: Represents shares of Common Stock acquired by the Reporting Persons on August 30, 2012 for no additional current consideration in accordance with the terms of an ownership "true-up" agreement entered into among certain principal stockholders of the Issuer, pursuant to which certain management members and affiliates of Third Point LLC and Greenlight Inc. agreed to exchange Units, shares of Common Stock or cash at a future date, depending on the Issuer's performance. This arrangement is more fully described in the Issuer's Registration Statement on Form S-1/A, filed with the Commission on April 23, 2007 and in subsequent periodic reports filed by the Issuer under the Act.