Green Plains Inc.
6.70%
4,340,575
1309402
393222104
Apr 10, 2025
Apr 15, 2025, 06:22 PM
Reporting Persons (13)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Ancora Alternatives LLC | Investment Adviser | 6.70% | 4,329,900 | 0 | 4,329,900 |
| Ancora Holdings Group, LLC | CO | 6.70% | 4,336,575 | 0 | 4,336,575 |
| DiSanto Frederick D. | Individual | 6.70% | 4,340,575 | 4,000 | 4,336,575 |
| Ancora Impact Fund SPC Ltd. - Segregated Portfolio H | CO | 1.60% | 1,021,660 | 0 | 1,021,660 |
| Ancora Impact Fund LP - Series S | Partnership | 1.30% | 822,563 | 0 | 822,563 |
| Ancora Bellator Fund, LP | Partnership | 0.00% | 364,641 | 0 | 364,641 |
| Ancora Impact Fund LP - Series Q | Partnership | 0.00% | 400,904 | 0 | 400,904 |
| ANCORA FAMILY WEALTH ADVISORS, LLC | Investment Adviser | 0.00% | 6,675 | 0 | 6,675 |
| Inverness Holdings LLC | CO | 0.00% | 6,675 | 0 | 6,675 |
| Ancora Merlin, LP | Partnership | 0.00% | 33,024 | 0 | 33,024 |
| Ancora Catalyst, LP | Partnership | 0.00% | 46,744 | 0 | 46,744 |
| ANCORA MERLIN INSTITUTIONAL, LP | Partnership | 0.00% | 575,965 | 0 | 575,965 |
| Ancora Catalyst Institutional, LP | Partnership | 0.00% | 568,378 | 0 | 568,378 |
Disclosure Items (7)
Common Stock, par value $0.001 per share
Green Plains Inc.
1811 AKSARBEN DRIVE, OMAHA, NE, 68106
Item 2(a) is amended and restated to read as follows: This statement is filed by: (i) Ancora Merlin, LP, a Delaware limited partnership ("Ancora Merlin"), with respect to the Shares directly and beneficially owned by it; (ii) Ancora Merlin Institutional, LP, a Delaware limited partnership ("Ancora Merlin Institutional"), with respect to the Shares directly and beneficially owned by it; (iii) Ancora Catalyst, LP, a Delaware limited partnership ("Ancora Catalyst"), with respect to the Shares directly and beneficially owned by it; (iv) Ancora Catalyst Institutional, LP, a Delaware limited partnership ("Ancora Catalyst Institutional"), with respect to the Shares directly and beneficially owned by it; (v) Ancora Bellator Fund LP, a Delaware limited partnership ("Ancora Bellator"), with respect to the Shares directly and beneficially owned by it; (vi) Ancora Impact Fund LP - Series Q, a series of Ancora Impact Fund LP, a Delaware limited partnership ("Ancora Impact Q"), with respect to the Shares directly and beneficially owned by it; (vii) Ancora Impact Fund LP - Series S, a series of Ancora Impact Fund LP, a Delaware limited partnership ("Ancora Impact S" and together with Ancora Merlin, Ancora Merlin Institutional, Ancora Catalyst, Ancora Catalyst Institutional, Ancora Bellator and Ancora Impact Q, the "Ancora LP Funds"), with respect to the Shares directly and beneficially owned by it; (viii) Ancora Impact Fund SPC Ltd. - Segregated Portfolio H, a Cayman Islands segregated portfolio company ("Ancora SPC H" and together with the Ancora LP Funds, the "Ancora Funds"), with respect to the Shares directly and beneficially owned by it; (ix) Ancora Alternatives LLC, an Ohio limited liability company ("Ancora Alternatives"), as the general partner of each of the Ancora LP Funds and as the investment advisor to each of the Ancora Funds and certain separately managed accounts (the "Ancora Alternatives SMAs"); (x) Ancora Family Wealth Advisors, LLC, an Ohio limited liability company ("Ancora Family Wealth"), as the investment advisor of to certain separately managed accounts (the "Ancora Family Wealth SMAs"); (xi) Inverness Holdings LLC, a Delaware limited liability company ("Inverness Holdings"), as the sole member of Ancora Family Wealth; (xii) Ancora Holdings Group, LLC, a Delaware limited liability company ("Ancora Holdings"), as the sole member of Ancora Alternatives and Inverness Holdings; and (xiii) Fredrick DiSanto, as the Chairman and Chief Executive Officer of Ancora Holdings. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons is party to the Joint Filing Agreement as further described in Item 6 below. Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D. Set forth on Exhibit 1 annexed hereto ("Exhibit 1") is the name and present principal occupation or employment, principal business address and citizenship of the executive officers and directors of Ancora SPC H. To the best of the Reporting Persons' knowledge, except as otherwise set forth herein, none of the persons listed on Exhibit 1 beneficially owns any securities of the Issuer or is a party to any contract, agreement or understanding required to be disclosed herein.
Item 2(b) is amended and restated to read as follows: The address of the principal office of each of the Ancora Funds, Ancora Alternatives, Ancora Family Wealth, Inverness Holdings, Ancora Holdings and Mr.DiSanto is 6060 Parkland Boulevard, Suite 200, Cleveland, Ohio 44124.
Item 2(c) is amended and restated to read as follows: The principal business of each of the Ancora Funds is investing in securities. The principal business of Ancora Alternatives is serving as the general partner of each of the Ancora LP Funds and as the investment advisor of each of the Ancora Funds and the Ancora Alternatives SMAs. The principal business of Ancora Family Wealth is serving as the investment advisor of the Ancora Family Wealth SMAs. The principal business of Inverness Holdings is serving as the sole member of Ancora Family Wealth. The principal business of Ancora Holdings is serving as the sole member of Ancora Alternatives and Inverness Holdings. The principal occupation of Mr. DiSanto is serving as the Chairman and Chief Executive Officer of Ancora Holdings.
Item 2(e) is amended and restated to read as follows: No Reporting Person, nor any person listed on Exhibit 1, has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 2(f) is amended and restated to read as follows: Mr. DiSanto is a citizen of the United States of America.
Item 3 is hereby amended and restated to read as follows: The Shares purchased by each of the Ancora Funds and held in the Ancora Alternatives SMAs and the Ancora Family Wealth SMAs were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business). The aggregate purchase price of the 33,024 Shares owned directly by Ancora Merlin is approximately $978,080, including brokerage commissions. The aggregate purchase price of the 575,965 Shares owned directly by Ancora Merlin Institutional is approximately $11,805,555, including brokerage commissions. The aggregate purchase price of the 46,744 Shares owned directly by Ancora Catalyst is approximately $1,242,141, including brokerage commissions. The aggregate purchase price of the 568,378 Shares owned directly by Ancora Catalyst Institutional is approximately $13,179,954, including brokerage commissions. The aggregate purchase price of the 364,641 Shares owned directly by Ancora Bellator is approximately 6,763,027, including brokerage commissions. The aggregate purchase price of the 400,904 Shares owned directly by Ancora Impact Q is approximately $13,128,656, including brokerage commissions. The aggregate purchase price of the 822,563 Shares owned directly by Ancora Impact S is approximately $26,603,631, including brokerage commissions. The aggregate purchase price of the 1,021,660 Shares owned directly by Ancora SPC H is approximately $33,072,334, including brokerage commissions. The aggregate purchase price of the 496,021 Shares held in the Ancora Alternatives SMAs is approximately $13,428,743, including brokerage commissions. The aggregate purchase price of the 6,675 Shares held in the Ancora Family Wealth SMAs is approximately $89,930, including brokerage commissions. The Shares purchased by Mr. DiSanto were purchased in the open market with personal funds. The aggregate purchase price of the 4,000 shares beneficially owned by Mr. DiSanto is approximately $49,178, including brokerage commissions.
Item 5(a) is hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 64,729,446 Shares outstanding as of February 4, 2025, as disclosed in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 7, 2025. As of the date hereof, Ancora Merlin beneficially owned directly 33,024 Shares, constituting 0% of the Shares outstanding. As of the date hereof, Ancora Merlin Institutional beneficially owned directly 575,965 Shares, constituting 0% of the Shares outstanding. As of the date hereof, Ancora Catalyst beneficially owned directly 46,744 Shares, constituting 0% of the Shares outstanding. As of the date hereof, Ancora Catalyst Institutional beneficially owned directly 568,378 Shares, constituting 0% of the Shares outstanding. As of the date hereof, Ancora Bellator beneficially owned directly 364,641 Shares, constituting 0% of the Shares outstanding. As of the date hereof, Ancora Impact Q beneficially owned directly 400,904 Shares, constituting 0% of the Shares outstanding. As of the date hereof, Ancora Impact S beneficially owned directly 822,563 Shares, constituting approximately 1.3% of the Shares outstanding. As of the date hereof, Ancora SPC H beneficially owned directly 1,021,660 Shares, constituting approximately 1.6% of the Shares outstanding. As of the date hereof, Ancora Alternatives, as the investment advisor to each of the Ancora Funds and the Ancora Alternatives SMAs and the general partner of each of the Ancora LP Funds, may be deemed to beneficially own 4,329,900 Shares, constituting approximately 6.7% of the Shares outstanding and consisting of (i) 33,024 Shares beneficially owned directly by Ancora Merlin, (ii) 575,965 Shares beneficially owned directly by Ancora Merlin Institutional, (iii) 46,744 Shares beneficially owned directly by Ancora Catalyst, (iv) 568,378 Shares beneficially owned directly by Ancora Catalyst Institutional, (v) 364,641 Shares beneficially owned directly by Ancora Bellator, (vi) 400,904 Shares beneficially owned directly by Ancora Impact Q, (vii) 822,563 Shares beneficially owned directly by Ancora Impact S, (viii) 1,021,660 Shares beneficially owned directly by Ancora SPC H and (ix) 496,021 Shares held in the Ancora Alternatives SMAs. As of the date hereof, Ancora Family Wealth, as the investment advisor to the Ancora Family Wealth SMAs, may be deemed to beneficially own 6,675 Shares, constituting 0% of the Shares outstanding and consisting of 6,675 Shares held in the Ancora Family Wealth SMAs. As of the date hereof, Inverness Holdings, as the sole member of Ancora Family Wealth, may be deemed to beneficially own 6,675 Shares, constituting 0% of the Shares outstanding and consisting of 6,675 Shares held in the Ancora Family Wealth SMAs. As of the date hereof, Ancora Holdings, as the sole member of each of Ancora Alternatives and Inverness Holdings, may be deemed to beneficially own 4,336,575 Shares, constituting approximately 6.7% of the Shares outstanding and consisting of (i) 33,024 Shares beneficially owned directly by Ancora Merlin, (ii) 575,965 Shares beneficially owned directly by Ancora Merlin Institutional, (iii) 46,744 Shares beneficially owned directly by Ancora Catalyst, (iv) 568,378 Shares beneficially owned directly by Ancora Catalyst Institutional, (v) 364,641 Shares beneficially owned directly by Ancora Bellator, (vi) 400,904 Shares beneficially owned directly by Ancora Impact Q, (vii) 822,563 Shares beneficially owned directly by Ancora Impact S, (viii) 1,021,660 Shares beneficially owned directly by Ancora SPC H (ix) 496,021 Shares held in the Ancora Alternatives SMAs and (x) 6,675 Shares held in the Ancora Family Wealth SMAs. As of the date hereof, Mr. DiSanto beneficially owned directly 4,000 Shares. As the Chairman and Chief Executive Officer of Ancora Holdings, he may be deemed to beneficially own 4,336,575 Shares, constituting approximately 6.7% of the Shares outstanding and consisting of (i) 33,024 Shares beneficially owned directly by Ancora Merlin, (ii) 575,965 Shares beneficially owned directly by Ancora Merlin Institutional, (iii) 46,744 Shares beneficially owned directly by Ancora Catalyst, (iv) 568,378 Shares beneficially owned directly by Ancora Catalyst Institutional, (v) 364,641 Shares beneficially owned directly by Ancora Bellator, (vi) 400,904 Shares beneficially owned directly by Ancora Impact Q, (vii) 822,563 Shares beneficially owned directly by Ancora Impact S, (viii) 1,021,660 Shares beneficially owned directly by Ancora SPC H (ix) 496,021 Shares held in the Ancora Alternatives SMAs and (x) 6,675 Shares held in the Ancora Family Wealth SMAs.
Item 5(b) is hereby amended and restated to read as follows: (i) Ancora Merlin 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 33,024 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 33,024 (ii) Ancora Merlin Institutional 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 575,965 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 575,965 (iii) Ancora Catalyst 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 46,744 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 46,744 (iv) Ancora Catalyst Institutional 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 568,378 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 568,378 (v) Ancora Bellator 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 364,641 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 364,641 (vi) Ancora Impact Q 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 400,904 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 400,904 (vii) Ancora Impact S 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 822,563 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 822,563 (viii) Ancora SPC H 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 1,021,660 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 1,021,660 (ix) Ancora Alternatives 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 4,329,900 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 4,329,900 (x) Ancora Family Wealth 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 6,675 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 6,675 (xi) Inverness Holdings 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 6,675 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 6,675 (xii) Ancora Holdings 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 4,336,575 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 4,336,575 (xiii) Mr. DiSanto 1. Sole power to vote or direct vote: 4,000 2. Shared power to vote or direct vote: 4,336,575 3. Sole power to dispose or direct the disposition: 4,000 4. Shared power to dispose or direct the disposition: 4,336,575
Item 5(c) is hereby amended and restated to read as follows: The transactions in the Shares by the Reporting Persons during the past sixty days are set forth in Exhibit 2 and are incorporated herein by reference. All of such transactions were effected in the open market unless otherwise noted.
Item 6 is hereby amended to add the following: On April 11, 2025, Ancora Holdings and the Issuer entered into the Cooperation Agreement, as defined and described in Item 4 above, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. On April 15, 2025, the Reporting Persons entered into a Joint Filing Agreement in which the Reporting Persons agreed to the joint filing on behalf of each of them of statements on Schedule 13D with respect to the securities of the Issuer to the extent required by applicable law. The Joint Filing Agreement is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Item 7 is hereby amended to add the following exhibits: 1 - Directors and Officers of Ancora SPC H 2 - Transactions in the Securities of the Issuer During the Past 60 days 99.1 - Cooperation Agreement 99.2 - Joint Filing Agreement dated April 15, 2025