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*
Ommen Gordon W

(Last) (First) (Middle)
100 22ND AVE

(Street)
BROOKINGS SD 57006

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VERASUN ENERGY CORP [ VSE ]
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)
05/22/2008
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)
Code V Amount (A) or (D) Price
Common Stock 05/22/2008 A 3,440(6) A $0 1,470,080 D
Common Stock 405 I By Son(1)
Common Stock 405 I By Daughter(1)
Common Stock 810 I By Wife
Common Stock 53,605 I By Capitaline Renewable Energy, LP(2)
Common Stock 2,531,250 I By Bird Dog Capital, LLC(3)
Common Stock 22,430 I By Capitaline General Partner, LLC(4)
Common Stock 560,144 I By Capitaline Advisors, LLC(5)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Buy $6.69 05/22/2008 A 6,215 01/27/2009 01/27/2018 Common Stock 6,215 $0 6,215 D
Explanation of Responses:
1. The reporting person disclaims beneficial ownership of the reported securities, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or any other purpose.
2. These securities are owned directly by Capitaline Renewable Energy, LP, and indirectly by (a) Capitaline General Partner, LLC, as general partner of Capitaline Renewable Energy, LP, (b) Capitaline Advisors, LLC, as the managing member of Capitaline General Partner, LLC, and (c) the reporting person, as the sole member of Capitaline Advisors, LLC. The reporting person is a limited partner of Capitaline Renewable Energy, LP. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
3. These securities are owned directly by BirdDog Capital, LLC, and indirectly by the reporting person, as the sole member of BirdDog Capital, LLC.
4. These securities are owned directly by Capitaline General Partner, LLC, and indirectly by (a) Capitaline Advisors, LLC, as the managing member of Capitaline General Partner, LLC, and (b) the reporting person, as the sole member of Capitaline Advisors, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
5. These securities are owned directly by Capitaline Advisors, LLC, and indirectly by the reporting person, as the sole member of Capitaline Advisors, LLC.
6. Award of shares of restricted stock pursuant to the issuer's 2003 Stock Incentive Plan. The shares vest on January 27, 2009.
Remarks:
Gregory S. Schlicht, by power of attorney 05/27/2008
** 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).
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.