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Green Plains Inc. Director's Dealing 2010

Jun 1, 2010

32670_dirs_2010-06-01_73e424e6-f7c3-4b8a-8e0b-2d80d1b05217.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Green Plains Renewable Energy, Inc. (GPRE)
CIK: 0001309402
Period of Report: 2010-05-25

Reporting Person: NTR US Biosystems Holdings Ltd (10% Owner, Member of 13D group)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-25 Common Stock J 5234000 Disposed 0 Direct

Footnotes

F1: Represents shares transferred and assigned to an affiliate pursuant to a Subscription Agreement between the Reporting Person and Greenstar North America Holdings, Inc. ("Greenstar"). The Reporting Person and Greenstar are each wholly owned subsidiaries of NTR plc, which remains an indirect beneficial owner of such shares.

F2: As consideration for the shares, the Reporting Person received shares of Greenstar common stock, priced at $10.46 per share.