Sec Form 13G Filing - Mercury Fund Ventures III, L.P. filing for Benson Hill, Inc. (BHIL) - 2025-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 5: 185,862 shares, except that Mercury Fund Partners III, L.P. ("GP III"), the general partner of Mercury Fund Ventures III, L.P. ("Fund III"), may be deemed to have sole voting power, Mercury Partners, LLC ("UGP III"), the general partner of GP III, may be deemed to have sole voting power, and Blair Garrou ("Garrou") and Dan Watkins ("Watkins"), the managers of UGP III, may be deemed to have shared power to vote these shares.Note to row 6: See response to row 5.Note to Row 7: 185,862 shares, except that GP III, the general partner of Fund III, may be deemed to have sole dispositive power, and UGP III, the general partner of GP III, may be deemed to have sole dispositive power, and Garrou and Watkins, the managers of UGP III, may be deemed to have shared power to dispose of these shares.Note to row 8: See response to row 7.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of Benson Hill, Inc. (the "Issuer") as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 5: 8,756 shares, except that GP III, the general partner of Mercury Fund III Affiliates, L.P. ("Affiliates III"), may be deemed to have sole voting power, UGP III, the general partner of GP III, may be deemed to have sole voting power, and Garrou and Watkins, the managers of UGP III, may be deemed to have shared power to vote these shares.Note to row 6: See response to row 5.Note to Row 7: 8,756 shares, except that GP III, the general partner of Affiliates III, may be deemed to have sole dispositive power, and UGP III, the general partner of GP III, may be deemed to have sole dispositive power, and Garrou and Watkins, the managers of UGP III, may be deemed to have shared power to dispose of these shares.Note to row 8: See response to row 7.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 5: 194,618 shares of which 185,862 are directly owned by Fund III and 8,756 are owned directly by Affiliates III. GP III, the general partner of Fund III and Affiliates III, may be deemed to have sole voting power, UGP III, the general partner of GP III, may be deemed to have sole voting power, and Garrou and Watkins, the managing managers of UGP III, may be deemed to have shared power to vote these shares.Note to row 6: See response to row 5.Note to Row 7: 194,618 shares of which 185,862 are directly owned by Fund III and 8,756 are owned directly by Affiliates III. GP III, the general partner of Affiliates III, may be deemed to have sole dispositive power, and UGP III, the general partner of GP III, may be deemed to have sole dispositive power, and Garrou and Watkins, the managers of UGP III, may be deemed to have shared power to dispose of these shares.Note to row 8: See response to row 7.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 5: 194,618 shares of which 185,862 are directly owned by Fund III and 8,756 are owned directly by Affiliates III. GP III, the general partner of Fund III and Affiliates III, may be deemed to have sole voting power, UGP III, the general partner of GP III, may be deemed to have sole voting power, and Garrou and Watkins, the managers of UGP III, may be deemed to have shared power to vote these shares.Note to row 6: See response to row 5.Note to Row 7: 194,618 shares of which 185,862 are directly owned by Fund III and 8,756 are owned directly by Affiliates III. GP III, the general partner of Affiliates III, may be deemed to have sole dispositive power, and UGP III, the general partner of GP III, may be deemed to have sole dispositive power, and Garrou and Watkins, the managers of UGP III, may be deemed to have shared power to dispose of these shares.Note to row 8: See response to row 7.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 5: 189,519 shares, except that Mercury Partners Management, LLC ("MM"), the managing member of Mercury Camelback Fund, LLC ("Camelback"), may be deemed to have sole voting power, and Fortino, Garrou and Gilani, the managing members of MM, may be deemed to have shared power to vote these shares.Note to row 6: See response to row 5.Note to Row 7: 189,519 shares, except that MM, the managing member of Camelback, may be deemed to have sole dispositive power, and Fortino, Garrou and Gilani, the managing members of MM, may be deemed to have shared power to dispose of these shares.Note to row 8: See response to row 7.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 5: 189,519 shares, all of which are directly owned by Camelback. MM, the managing member of Camelback, may be deemed to have sole voting power, and Fortino, Garrou and Gilani, the managing members of MM, may be deemed to have shared power to vote these shares.Note to row 6: See response to row 5.Note to Row 7: 189,519 shares, all of which are directly owned by Camelback. MM, the managing member of Camelback, may be deemed to have sole dispositive power, and Fortino, Garrou and Gilani, the managing members of MM, may be deemed to have shared power to dispose of these shares.Note to row 8: See response to row 7.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 6: 189,519 shares, all of which are directly owned by Camelback. MM, the managing member of Camelback, may be deemed to have sole voting power, and Fortino, a managing member of MM, may be deemed to have shared power to vote these shares.Note to Row 8: 189,519 shares, all of which are directly owned by Camelback. MM, the managing member of Camelback, may be deemed to have sole dispositive power, and Fortino, a managing member of MM, may be deemed to have shared power to dispose these shares.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 6: 384,137 shares of which 185,862 are directly owned by Fund III, 8,756 are owned directly by Affiliates III and 189,519 are owned directly by Camelback. GP III, the general partner of Fund III and Affiliates III, may be deemed to have sole voting power over the shares owned by Fund III and Affiliates III, UGP III, the general partner of GP III, may be deemed to have sole voting power over the shares owned by Fund III and Affiliates III. MM, the managing member of Camelback, may be deemed to have sole voting power over the shares owned by Camelback. Garrou, a manager of UGP III and a managing member of MM, may be deemed to have shared voting power over the shares owned by Fund III, Affiliates IIII and Camelback.Note to Row 8: 384,137 shares of which 185,862 are directly owned by Fund III, 8,756 are owned directly by Affiliates III and 189,519 are owned directly by Camelback. GP III, the general partner of Fund IIII and Affiliates III, may be deemed to have sole dispositive power over the shares owned by Fund III and Affiliates III, and UGP III, the general partner of GP III, may be deemed to have sole dispositive power over the shares owned by Fund III and Affiliates III. MM, the managing member of Camelback, may be deemed to have sole dispositive power over the shares owned by Camelback. Garrou, a manager of UGP III and a managing member of MM, may be deemed to have shared dispositive power over the shares owned by Fund III, Affiliates IIII and CamelbackNote to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 6: 189,519 shares, all of which are directly owned by Camelback. MM, the managing member of Camelback, may be deemed to have sole voting power, and Gilani, a managing member of MM, may be deemed to have shared power to vote these shares.Note to Row 8: 189,519 shares, all of which are directly owned by Camelback. MM, the managing member of Camelback, may be deemed to have sole dispositive power, and Gilani, a managing member of MM, may be deemed to have shared power to dispose these shares.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G



Comment for Type of Reporting Person:  Note to Row 6: 194,618 shares of which 185,862 are directly owned by Fund III and 8,756 are owned directly by Affiliates III. GP III, the general partner of Fund III and Affiliates III, may be deemed to have sole voting power over the shares owned by Fund III and Affiliates III, UGP III, the general partner of GP III, may be deemed to have sole voting power over these shares. Watkins, a manager of UGP III, may be deemed to have shared voting power over these shares.Note to Row 8: 194,618 shares of which 185,862 are directly owned by Fund III and 8,756 are owned directly by Affiliates III. GP III, the general partner of Fund IIII and Affiliates III, may be deemed to have sole dispositive power over the shares owned by Fund III and Affiliates III, and UGP III, the general partner of GP III, may be deemed to have sole dispositive power over these shares. Watkins, a manager of UGP III, may be deemed to have shared dispositive power over these shares.Note to Row 11: This percentage is calculated based upon 6,114,020 Common Stock outstanding of the Issuer as of November 7, 2024, as set forth in the Issuer's prospectus on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024.


SCHEDULE 13G


 
Mercury Fund Ventures III, L.P.
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou, Manager of the General Partner of the General Partner
Date:02/14/2025
 
Mercury Fund Affiliates III, L.P.
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou, Manager of the General Partner of the General Partner
Date:02/14/2025
 
Mercury Fund Partners III, L.P.
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou, Manager of the General Partner
Date:02/14/2025
 
Mercury Partners, LLC
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou, Manager
Date:02/14/2025
 
Mercury Camelback Fund, LLC
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou, Managing Member of the Managing Member
Date:02/14/2025
 
Mercury Partners Management, LLC
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou, Managing Member
Date:02/14/2025
 
Adrian Fortino
 
Signature:/s/ Adrian Fortino
Name/Title:Adrian Fortino
Date:02/14/2025
 
Blair Garrou
 
Signature:/s/ Blair Garrou
Name/Title:Blair Garrou
Date:02/14/2025
 
Aziz Gilani
 
Signature:/s/ Aziz Gilani
Name/Title:Aziz Gilani
Date:02/14/2025
 
Dan Watkins
 
Signature:/s/ Dan Watkins
Name/Title:Dan Watkins
Date:02/14/2025
Exhibit Information

Agreement of Joint FilingThe undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.Date: February 14, 2025MERCURY FUND VENTURES III, L.P.By: Mercury Fund Partners III, L.P., its general partnerBy: Mercury Partners, LLC, its general partnerBy: /s/ Blair GarrouName: Blair GarrouTitle: ManagerMERCURY FUND AFFILIATES III, L.P.By: Mercury Fund Partners III, L.P., its general partnerBy: Mercury Partners, LLC, its general partnerBy: /s/ Blair GarrouName: Blair GarrouTitle: ManagerMERCURY FUND PARTNERS III, L.P.By: Mercury Partners, LLC, its general partnerBy: /s/ Blair GarrouName: Blair GarrouTitle: ManagerMERCURY PARTNERS, LLCBy: /s/ Blair GarrouName: Blair GarrouTitle: ManagerMERCURY CAMELBACK FUND, LLCBy: Mercury Partners Management, LLC, its managing memberBy: /s/ Blair GarrouName: Blair GarrouTitle: Managing MemberMERCURY PARTNERS MANAGEMENT, LLCBy: /s/ Blair GarrouName: Blair GarrouTitle: Managing MemberAdrian Fortino/s/ Adrian FortinoBlair Garrou/s/ Blair GarrouAziz Gilani/s/ Aziz GilaniDan Watkins/s/ Dan Watkins

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