FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 10/21/2008 |
3. Issuer Name and Ticker or Trading Symbol
SYNTROLEUM CORP [ SYNM ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrant Tranche I | (1) | (1) | Common Stock | 4,250,000(2) | $2.87 | D | |
Warrants | 10/21/2008 | 10/20/2012 | Common Stock | 8,000,000(2) | $0.01 | D |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Tyson Foods, Inc.("Tyson") and Syntroleum Corporation ("Issuer") formed Dynamic Fuels LLC, a 50/50 joint venture, that is building a renewable fuels refinery in Geismar, LA. Upon the formation of the joint venture the parties entered into a Warrant Agreement, dated June 22, 2007. Under the warrant agreement, Tyson was issued Warrant Tranche I, which will become exercisable on the first anniversary of the Geismar, LA. plant commencing commercial operations and expires if not exercised before the third anniversary of the initial commercial operation date. |
2. The reported warrants are owned directly by Tyson and may be deemed to be beneficially owned (i) by the Tyson Limited Partnership ("TLP") which has 69.76% of the voting rights in Tyson and (ii) by Donald J. Tyson who has approximately 54% combined interest as a general and limited partner in the Tyson Limited Partnership and therefore the TLP and Donald J. Tyson have an indirect beneficial ownership of the warrants held by Tyson. The TLP and Donald J. Tyson disclaim any beneficial ownership in the Warrants. |
Remarks: |
By: by: R. Read Hudson, Vice President, Assoc. General Counsel and Secretary | 03/30/2009 | |
By: /s/Harry C.Erwin III, General Partner, on behalf of Tyson Limited Partnership | 03/30/2009 | |
/s/ Tyson, Donald J. | 03/30/2009 | |
** 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 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |