0001214659-23-008397.txt : 20230609 0001214659-23-008397.hdr.sgml : 20230609 20230609170020 ACCESSION NUMBER: 0001214659-23-008397 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230607 FILED AS OF DATE: 20230609 DATE AS OF CHANGE: 20230609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Seaberg Karen CENTRAL INDEX KEY: 0001471262 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17196 FILM NUMBER: 231006153 MAIL ADDRESS: STREET 1: 20073 266TH ROAD STREET 2: #266 CITY: ATCHISON STATE: KS ZIP: 66002 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MGP INGREDIENTS INC CENTRAL INDEX KEY: 0000835011 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-BEER, WINE & DISTILLED ALCOHOLIC BEVERAGES [5180] IRS NUMBER: 480531200 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1300 MAIN ST CITY: ATCHISON STATE: KS ZIP: 66002 BUSINESS PHONE: 9133671480 MAIL ADDRESS: STREET 1: 1300 MAIN STREET CITY: ATCHISON STATE: KS ZIP: 66002 FORMER COMPANY: FORMER CONFORMED NAME: MIDWEST GRAIN PRODUCTS INC DATE OF NAME CHANGE: 19920703 4 1 marketforms-61781.xml PRIMARY DOCUMENT X0407 4 2023-06-07 0000835011 MGP INGREDIENTS INC MGPI 0001471262 Seaberg Karen 20073 266TH ROAD ATCHISON KS 66002 true false true false 0 Forward Sale Contract (Obligation to Sell) 2023-06-07 4 J true 1 A 2023-09-05 2023-09-05 Common Stock 1 I By Cray MGP Holdings LP Forward Sale Contract (Obligation to Sell) 2023-06-07 4 J true 1 A 2023-09-05 2023-09-05 Common Stock 1 I By Cray MGP Holdings LP Forward Sale Contract (Obligation to Sell) 2023-06-07 4 J true 1 A 2024-09-05 2024-09-05 Common Stock 1 I By Cray MGP Holdings LP Forward Sale Contract (Obligation to Sell) 2023-06-07 4 J true 1 A 2024-09-05 2024-09-05 Common Stock 1 I By Cray MGP Holdings LP Forward Sale Contract (Obligation to Sell) 2023-06-07 4 J true 1 A 2025-09-05 2025-09-05 Common Stock 1 I By Cray MGP Holdings LP Forward Sale Contract (Obligation to Sell) 2023-06-07 4 J true 1 A 2025-09-05 2025-09-05 Common Stock 1 I By Cray MGP Holdings LP The reporting person is the sole manager of Cray Family Management, LLC ("Cray Management"), which is the general partner of Cray MGP Holdings, LP. On June 7, 2023, Cray MGP Holdings LP and Cray Management entered into separate redemption agreements with two of the limited partners of Cray MGP Holdings, LP. Among other things, each agreement obligates Cray MGP Holdings, LP to deliver to the respective redeemed limited partner a currently indeterminable number of shares of the Issuer's common stock (the "Future Closing Shares") in three installments on specified dates (September 5, 2023, September 5, 2024 and September 5, 2025). In exchange for assuming these obligations, Cray MGP Holdings, LP is obligated to redeem, on September 5, 2023, all of each redeemed limited partner's ownership interest in Cray MGP Holdings, LP. Cray MGP Holdings LP and Cray Management retained dividend and voting rights in the Future Closing Shares until the applicable delivery date. The number of Future Closing Shares to be delivered to this redeemed limited partner on each delivery date is to be determined by dividing one-third of $18,126,832.39 by the last reported sales price on the fifth trading day immediately prior to the applicable delivery date. The number of Future Closing Shares to be delivered to this redeemed limited partner on each delivery date is to be determined by dividing one-third of $18,124,909.32 by the last reported sales price on the fifth trading day immediately prior to the applicable delivery date. /s/ Karen Seaberg 2023-06-09