Christopher B. Lamson - Apr 5, 2023 Form 4 Insider Report for Oil-Dri Corp of America (ODC)

Signature
Laura G. Scheland by Power of Attorney
Stock symbol
ODC
Transactions as of
Apr 5, 2023
Transactions value $
$0
Form type
4
Date filed
4/6/2023, 04:34 PM
Previous filing
Oct 20, 2022
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODC Common Stock Disposed to Issuer $0 -28K -86.15% $0.00 4.5K Apr 5, 2023 Direct F1, F2
transaction ODC Common Stock Award $0 +28K +622.22% $0.00 32.5K Apr 5, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted pursuant to the Oil-Dri Corporation of America 2006 Long Term Incentive Plan ("Plan") in a transaction exempt under rule 16b-3.
F2 On April 5, 2023, the Compensation Committee of the Board of Directors amended the vesting anniversary for restricted stock initially granted on January 31, 2022, and not previously vested from January 31st to January 20th. Such grant was initially made in the amount of 30,000 shares, of which 2,000 shares vested on January 31, 2023. Otherwise, no amendment was made to such grant.
F3 As amended, the shares shall vest as follows on the anniversaries of January 20, 2023: (i) 4,000 shares on January 20, 2024; (ii) 6,000 shares on January 20, 2025 and January 20, 2026; and (iii) 12,000 shares on January 20, 2027.