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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UZ+rjNdsPWLrRMa80HZ5UlJJrPwc6clhz0z7+4Wc/WCI3KZgi8iHNAl7XjcZasgp
 rywz3fJCd6H0HLV6VpazmA==

<SEC-DOCUMENT>0000928465-01-500056.txt : 20020412
<SEC-HEADER>0000928465-01-500056.hdr.sgml : 20020412
ACCESSION NUMBER:		0000928465-01-500056
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20011130
FILED AS OF DATE:		20011210

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMCON DISTRIBUTING CO
		CENTRAL INDEX KEY:			0000928465
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-GROCERIES & GENERAL LINE [5141]
		IRS NUMBER:				470702918
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15589
		FILM NUMBER:		1810496

	BUSINESS ADDRESS:	
		STREET 1:		10228 L ST
		STREET 2:		POST OFFICE BOX 241230
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68127
		BUSINESS PHONE:		4023313727

	MAIL ADDRESS:	
		STREET 1:		10228 L STREET
		STREET 2:		POST OFFICE 241230
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68127
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			PETERSEN ALLEN D
	CENTRAL INDEX KEY:			0001007425
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>DIRECTOR

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		2800 W HIGGINS ROAD
	STREET 2:		SUITE 835
	CITY:			HOFFMAN ESTATES
	STATE:			IL
	ZIP:			60195
	BUSINESS PHONE:		8473103265

MAIL ADDRESS:	
	STREET 1:		122 WEST COUNTY COUNTY LINE RD
	CITY:			BARRINGTON HILLS
	STATE:			IL
	ZIP:			60010
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4adp1101.txt
<DESCRIPTION>FORM 4
<TEXT>
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  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(f) of the Investment Company Act of 1940

[_]  Check this box if no longer subject of Section 16.  Form 4 or Form 5
     obligations may continue. See Instruction 1(b).

(Print or Type Responses)
- ----------------------------------------------------------------------------
1.   Name and Address of Reporting Person*

     Petersen,         Allen                 D.
- ----------------------------------------------------------------------------
     (Last)           (First)             (Middle)


     122 West County Line Road
- ----------------------------------------------------------------------------
                     (Street)

     Barrington Hills,      IL                 60010
- ----------------------------------------------------------------------------
     (City)               (State)              (Zip)


============================================================================

<PAGE>
2.   Issuer Name and Ticker or Trading Symbol

     AMCON Distributing Company "DIT"

- ----------------------------------------------------------------------------
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)

     ###-##-####

- ----------------------------------------------------------------------------
4.   Statement for Month/Year

     11/2001

- ----------------------------------------------------------------------------
5.   If Amendment, Date of Original (Month/Year)


============================================================================
6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [X]  Director                             [ ]  10% Owner
     [ ]  Officer (give title below)           [_]  Other (specify below)


     ----------------------

- ----------------------------------------------------------------------------
7.   Individual or Joint/Group Filing (Check applicable line)

     [_]  Form filed by one Reporting Person
     [_]  Form filed by more than one Reporting Person
- ----------------------------------------------------------------------------


<PAGE>
============================================================================
           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
============================================================================
<TABLE>
<CAPTION>

                                                                                                                6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                                    Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct    Nature of
                                      2.            Code         ------------------------------- Owned at End   (D) or    Indirect
1.                                    Transaction   (Instr. 8)                   (A)             of Month       Indirect  Beneficial
Title of Security                     Date          ------------     Amount      or     Price    (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V                  (D)             and 4)         (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>            <C>      <C>    <C>         <C>    <C>      <C>            <C>       <C>

Common Stock, Par Value
 $0.01 per share                      11/23/2001      P              9,338        A     $4.094    20,778          I           /1/
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock, Par Value
 $0.01 per share                                                                                   2,200          D
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*    If the Form is filed by more than one  Reporting  Person, see Instruction 4(b)(v).

</TABLE>
                                                                      (Over)
                                                            (SEC 1474 (3-00)
<PAGE>


FORM 4 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially
            Owned (e.g., puts, calls, warrants, options, convertible
            securities)

================================================================================
<TABLE>
<CAPTION>
                                                                                                                     10.
                                                                                                          9.        Owner-
                                                                                                          Number    ship
                                                                                                          of        Form
                    2.                                                                                    Deriv-    of
                    Conver-                    5.                              7.                         ative     Deriv-   11.
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature
                    or                         Derivative    6.                of Underlying     8.       ities     Secur-   of
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-
1.                  of       action   Code     of(D)         (Month/Day/Year)            Amount  ative    at End    In-      ficial
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner-
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>      <C>      <C>  <C>  <C>   <C>    <C>      <C>      <C>       <C>     <C>      <C>       <C>      <C>

Options -
 Commom Stock       $4.00    11/23/01  P       8,823        11/23/01 3/1/02   Common    8,823    n/a     8,823        I      /2/
                                                                               Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Options -
 Common Stock                                                                 Common Stock              18,700        D
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>
Explanation of Responses:

/1/ Represents 9,338 shares reflecting Mr. Petersen's ownership percentage in
    shares purchased and held by AMCON Corporation, of which Mr. Petersen is
    a shareholder and director, and 11,440 shares held by The Draupnir Trust,
    of which Mr. Petersen is the sole beneficiary and sole trustee.

/2/ Represents Mr. Petersen's ownership percentage in options held by AMCON
    Corporation, of which Mr. Petersen is a shareholder and director.


Allen D. Petersen                                        December 10, 2001
- ---------------------------------------------            -----------------------
      **Signature of Reporting Person                             Date


**     Intentional misstatements or omissions of facts constitute Federal
       Criminal Violations.

       See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, see Instruction 6 for procedure.

                                                                          Page 2

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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