Global Clean Energy (GCEH) Form 4 Global Clean Energy / Noah Verleun ownership change

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^*

Verleun Noah

(Last) (First) (Middle)

2790 SKYPARK DRIVE, SUITE 105

(Street)

TORRANCE, CA 90505

(City) (State) (Zip)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President

3. Date of Earliest Transaction (Month/Day/Year)
10/12/2023

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

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
Stock Option (right to buy)	$0.2	10/12/2023		D			5,000,000	(1)	01/14/2024	Common Stock	5,000,000	(1)	0	D
Stock Option (right to buy)	$0.97	10/12/2023		A		5,000,000		(1)	01/14/2029	Common Stock	5,000,000	(1)	5,000,000	D
Stock Option (right to buy)	$0.165	10/12/2023		D			950,000	(1)	06/20/2024	Common Stock	950,000	(1)	0	D
Stock Option (right to buy)	$0.97	10/12/2023		A		950,000		(1)	06/20/2029	Common Stock	950,000	(1)	950,000	D
Stock Option (right to buy)	$0.165	10/12/2023		D			50,000	(1)	06/20/2024	Common Stock	50,000	(1)	0	D
Stock Option (right to buy)	$0.97	10/12/2023		A		50,000		(1)	06/20/2029	Common Stock	50,000	(1)	50,000	D

Explanation of Responses:

1. The reported transactions involved an amendment of outstanding options, resulting in the cancellation of the "old" options and the grant of replacement options. The options were originally granted on January 15, 2019 and June 21, 2019, respectfully, and are fully vested. The effectiveness of the amendment of the outstanding options is subject stockholder approval.

	/s/ Noah Verleun	10/19/2023
	** Signature of Reporting Person	Date
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