SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

1. Name and Address of Reporting Person^*

Riegel Steve Brian

(Last)

(First)

(Middle)

C/O CHS INC.

5500 CENEX DRIVE

(Street)

INVER GROVE HEIGHTS

55077

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CHS INC [ CHSCP ]

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2020

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

6. Individual or Joint/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 (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Cum Redeemable Pref Stock, Series 4 (CHSCL)	12/16/2020		G		40⁽¹⁾	D	$0	0	D
Class B Cum Redeemable Pref Stock, Series 1 (CHSCO)	12/16/2020		G		1,420⁽²⁾	D	$0	0	D
8% Cumulative Redeemable Preferred Stock	12/16/2020		G		1,900⁽³⁾	D	$0	0	D
8% Cumulative Redeemable Preferred Stock (CHSCP)	12/16/2020		G		245⁽⁴⁾	D	$0	0	D
Class B Cum Redeemable Pref Stock, Series 4 (CHSCL)								40⁽¹⁾	I	By Steven B and Marion Denise Riegel Revocable Trust DTD 01/31/2020
Class B Cum Redeemable Pref Stock, Series 1 (CHSCO)								1,420⁽²⁾	I	By Steven B and Marion Denise Riegel Revocable Trust DTD 01/31/2020
8% Cumulative Redeemable Preferred Stock								1,900⁽³⁾	I	By Steven B and Marion Denise Riegel Revocable Trust DTD 01/31/2020
8% Cumulative Redeemable Preferred Stock (CHSCP)								245⁽⁴⁾	I	By Steven B and Marion Denise Riegel Revocable Trust DTD 01/31/2020

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	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 (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On December 16, 2020, the reporting person transferred 40 shares of Class B Cumulative Redeemable Preferred Stock, Series 4 (CHSCL) to the Steven B & Marion Denise Riegel Revocable Trust DTD 01/31/2020. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

2. On December 16, 2020, the reporting person transferred 1420 shares of Class B Cumulative Redeemable Preferred Stock, Series 1 (CHSCO) to the Steven B & Marion Denise Riegel Revocable Trust DTD 01/31/2020. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

3. On December 16, 2020, the reporting person transferred 1900 shares of 8% Cumulative Redeemable Preferred Stock to the Steven B & Marion Denise Riegel Revocable Trust DTD 01/31/2020. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

4. On December 16, 2020, the reporting person transferred 245 shares of 8% Cumulative Redeemable Preferred Stock (CHSCP) to the Steven B & Marion Denise Riegel Revocable Trust DTD 01/31/2020. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

Remarks:

	James M. Zappa, Attorney in Fact	12/18/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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