Sec Form 4 Filing - EXXON MOBIL CORP @ Global Clean Energy Holdings, Inc. - 2024-06-25

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
EXXON MOBIL CORP
2. Issuer Name and Ticker or Trading Symbol
Global Clean Energy Holdings, Inc. [ GCEH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
22777 SPRINGWOODS VILLAGE PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
06/25/2024
(Street)
SPRING, TX77389
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Series C Preferred Stock 06/25/2024 D( 1 ) 125,000 D 0 I See Footnote ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Warrant to Purchase Common Stock (Right to Buy) $ 2.25 06/25/2024 D( 1 ) 2,489,643 08/05/2022 12/23/2028 Common Stock 2,489,643 ( 1 ) 0 I See Footnote ( 2 )
Warrant to Purchase Common Stock (Right to Buy) $ 2.25 06/25/2024 D( 1 ) 13,530,723 08/05/2022 ( 3 ) Common Stock 13,530,723 ( 1 ) 0 I See Footnote ( 2 )
Warrant to Purchase Common Stock (Right to Buy) $ 2.25 06/25/2024 D( 1 ) 6,500,000 ( 4 ) ( 3 ) Common Stock 6,500,000 ( 1 ) 0 I See Footnote ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
EXXON MOBIL CORP
22777 SPRINGWOODS VILLAGE PARKWAY
SPRING, TX77389
X X
ExxonMobil Renewables LLC
22777 SPRINGWOODS VILLAGE PARKWAY
SPRING, TX77389
X X
Signatures
/s/ Exxon Mobil Corporation; By its Vice President, Treasurer and Investor Relations, James R. Chapman 06/26/2024
Signature of Reporting Person Date
/s/ ExxonMobil Renewables LLC; By its Sole Member, Exxon Mobil Corporation; By its Vice President, Treasurer and Investor Relations, James R. Chapman 06/26/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On June 25, 2024, ExxonMobil Renewables LLC ("ExxonMobil Renewables") and ExxonMobil Oil Corporation ("EMOC") entered into a Settlement and Mutual Release Agreement with the Issuer and certain other parties thereto, pursuant to which the parties agreed to the cancellation of the shares of Series C Preferred Stock and warrants to purchase shares of Common Stock held by ExxonMobil Renewables and EMOC in consideration for a settlement payment of $18,000,000.
( 2 )These securities were held directly by ExxonMobil Renewables. Exxon Mobil Corp., as the sole member of ExxonMobil Renewables, had voting and investment discretion with respect to the Series C Preferred Stock, and had the power to control the exercisability of the warrants, and therefore may have been deemed to have beneficial ownership over such securities.
( 3 )The warrants were scheduled to expire on December 23, 2028, or if such day is not a business day, then the next preceding business day.
( 4 )The warrants were scheduled to become exercisable on the earlier of (i) the term extension date of a Product Off-Take Agreement previously entered into between the Issuer, ExxonMobil Renewables and EMOC or (ii) a change of control or sale of the Issuer, or the dissolution of the Issuer.

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