Green Plains Inc. — Director's Dealing 2011

Mar 11, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Green Plains Renewable Energy, Inc. (GPRE)
CIK: 0001309402
Period of Report: 2011-12-31

Reporting Person: BLEYL STEPHEN (EVP of Ethanol Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-07	Common Stock	A	25000.	—	Acquired	93496.	Direct
2011-03-07	Common Stock	F	1966.	$12.14	Disposed	91530.	Direct

Footnotes

F1: Date at which first vesting occurs is indicated. One-quarter of the total shares vest at the grant date and an additional 1/4 vest on each of the next three anniversaries thereafter.

F2: Disposition reported represents tax withholding on portion of grant that vests on date indicated.