STEPHEN SHERRILL - 01 Jun 2022 Form 4 Insider Report for B&G Foods, Inc. (BGS)

Role
Director
Signature
/s/ Scott E. Lerner as attorney-in-fact for Stephen C. Sherrill
Issuer symbol
BGS
Transactions as of
01 Jun 2022
Net transactions value
+$164,998
Form type
4
Filing time
03 Jun 2022, 17:37:05 UTC
Previous filing
03 Jun 2021
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGS Common Stock Award $0 +5,197 +4% $0.000000 136,077 01 Jun 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BGS Stock Option (Right to Buy) Award $164,998 +44,239 $3.73 44,239 01 Jun 2022 Common Stock 44,239 $22.49 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each non-employee director of B&G Foods receives an annual equity grant of approximately $130,000 of Common Stock as part of his or her non-employee director compensation.
F2 Each non-employee director of B&G Foods at his or her option may choose to receive the cash portion of his or her annual board service fee (or any portion thereof) in an equivalent amount of options instead of cash. Mr. Sherrill elected to receive all $165,000 of his annual board service fee in the form of options.