Christopher B. Lamson - 05 Apr 2023 Form 4 Insider Report for Oil-Dri Corp of America (ODC)

Role
Group VP of Retail & Wholesale
Signature
Laura G. Scheland by Power of Attorney
Issuer symbol
ODC
Transactions as of
05 Apr 2023
Net transactions value
$0
Form type
4
Filing time
06 Apr 2023, 16:34:02 UTC
Previous filing
20 Oct 2022
Next filing
08 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODC Common Stock Disposed to Issuer $0 -28,000 -86% $0.000000 4,500 05 Apr 2023 Direct F1, F2
transaction ODC Common Stock Award $0 +28,000 +622% $0.000000 32,500 05 Apr 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.