UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 4)

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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 378989206

CUSIP No. 378989206

Introduction

This Amendment No. 4 (the “Amendment”) amends and supplements the Schedule 13D filed by the Reporting Persons on April 29, 2022 (the “Original Schedule 13D”, as amended on August 9, 2022 (“Amendment No. 1”), as further amended on March 2, 2023 (“Amendment No. 2”), as further amended on May 19, 2023 (“Amendment No. 3”) and, as further amended and supplemented by this Amendment, the “Schedule 13D”). Except as specifically provided herein, this Amendment does not modify any of the information previously reported on the Original Schedule 13D, Amendment No. 1, Amendment No. 2 or Amendment No. 3. Capitalized terms not otherwise defined in this Amendment shall have the same meanings ascribed thereto in the Original Schedule 13D, Amendment No. 1, Amendment No. 2 or Amendment No. 3, as applicable. This Schedule 13D relates to the shares of common stock (“Common Stock”) of Global Clean Energy Holdings, Inc., a Delaware corporation (the “Issuer”), having its principal executive office at 6451 Rosedale Hwy, Bakersfield, CA 93308.

The Reporting Persons no longer beneficially own any of the Common Stock. Therefore, this Amendment constitutes the final amendment to the Reporting Persons’ Schedule 13D and an exit filing for the Reporting Persons.

Item 1. Security and Issuer.

Item 1 of the Original Schedule 13D is hereby amended and restated in its entirety as follows:

This statement of beneficial ownership on Schedule 13D relates to the common stock (“Common Stock”) of Global Clean Energy Holdings, Inc., a Delaware corporation (the “Issuer”). The address of the Issuer’s principal executive office is 6451 Rosedale Hwy, Bakersfield, CA 93308.

Item 4. Purpose of Transaction

This Amendment amends and supplements Item 4 of the Original Schedule 13D (as amended by Amendment No. 2 and Amendment No. 3) to add the following new paragraphs at the end of Item 4 (following the paragraphs added to Item 4 by Amendment No. 3):

On June 25, 2024 (the “Effective Date”), the Issuer, Bakersfield Renewable Fuels, LLC, a wholly-owned subsidiary of the Issuer (“BKRF”), Sustainable Oils, Inc., a wholly-owned subsidiary of the Issuer (“SusOils,” and collectively with the Issuer, BKRF, and the Issuer’s other direct and indirect subsidiaries, the “Company Parties”) and the Reporting Persons entered into a Settlement and Mutual Release Agreement (the “Settlement Agreement”) to fully resolve certain disputes between them, including with regard to (i) that certain Product Offtake Agreement, dated April 19, 2019, by and between BKRF and ExxonMobil Oil Corporation (as amended, the “POA”), (ii) that certain Term Purchase Agreement, dated April 20, 2021, by and between BKRF and ExxonMobil Oil Corporation (as amended, the “TPA”), (iii) the Issuer’s Certificate of Designations of Series C Preferred Stock (the “COD”), (iv) ExxonMobil Renewables LLC’s (“ExxonMobil Renewables”) complaint against the Issuer in the Court of Chancery of the State of Delaware (“Delaware Chancery Court”) captioned ExxonMobil Renewables LLC v. Global Clean Energy Holdings, Inc., C.A. No. 2023-0260-PAF (the “Section 220 Action”), and (v) any other agreement and commercial arrangement entered into between the parties prior to the Effective Date concerning the conversion by the Issuer of an existing refinery in Bakersfield, California into a renewable fuels facility (such conversion, the “Project”).

Pursuant to the terms of the Settlement Agreement, the Issuer paid the Reporting Persons $18,263,086.12 (the “Settlement Payment”). In consideration of the Settlement Payment, and subject to the terms and conditions of the Settlement Agreement, the Issuer and the Reporting Persons have agreed, among other things, (i) that, to the extent not already terminated prior to the Effective Date, the POA, TPA and all other agreements and commercial arrangements set forth on Annex I of the Settlement Agreement would be terminated effective as of the Effective Date, (ii) all 125,000 shares of the Issuer’s Series C Preferred Stock beneficially and legally owned by ExxonMobil Renewables, and all warrants and other equity rights held by ExxonMobil Renewables, were automatically cancelled as of the Effective Date and (iii) all rights granted to ExxonMobil Renewables pursuant to the terms of the Series C Preferred Stock were also terminated as of the Effective Date, and ExxonMobil Renewables waived any rights to the payment of any accrued or unpaid dividends in respect thereof. The Settlement Agreement also provides for mutual releases of all claims through the Effective Date arising out of or relating to the Project, any assistance or collaboration related to the Project, camelina or cover crops, the agreements and commercial arrangements described in Annex I,

and the Section 220 Action, and in furtherance thereof, ExxonMobil Renewables LLC and the Issuer have agreed to file with the Delaware Chancery Court a stipulation, motion or similar document to dismiss the Section 220 Action with prejudice.

In furtherance of the Settlement Agreement, the Reporting Persons’ Preferred Directors and Preferred Committee Observers (each as defined in the COD) have resigned from the Issuer’s board of directors (and each committee thereof) and the Reporting Persons’ no longer have any rights to designate any Preferred Directors or Preferred Committee Observers.

The Settlement Agreement also provides that if the Settlement Payment or any other of the Company Parties’ obligations under the Settlement Agreement are avoided or rescinded for any reason (including, but not limited to, through the exercise of a trustee’s avoidance powers under the Bankruptcy Code), or if the Reporting Persons are required to return, disgorge, or otherwise remit any of the Settlement Payment, in either case, by a court of law, then (i) the mutual releases will be void ab initio and (ii) the Reporting Persons’ Series C Preferred Stock, warrants, and other equity rights will be reinstated in full force and effect as if the Settlement Agreement had never been entered into. ExxonMobil Renewables will also have rights to refile the Section 220 Action.

Item 5. Interest in Securities of the Issuer.

This Amendment amends and restates Item 5 of the Original Schedule 13D (as amended and restated by Amendment No. 1) in its entirety as follows:

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

This Amendment amends and supplements Item 6 of the Original Schedule 13D (as amended by Amendment No. 1, Amendment No. 2 and Amendment No. 3) to add the following new paragraph to the end of Item 6:

The information in the final three paragraphs of Item 4 of this Schedule 13D is incorporated herein by reference.

Item 7. Material to be Filed as Exhibits.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DATED: June 26, 2024