Charles B. Seidler - 15 Dec 2021 Form 4 Insider Report for S&W Seed Co (SANW)

Role
Director
Signature
/s/ Elizabeth Horton, Attorney-in-Fact
Issuer symbol
SANW
Transactions as of
15 Dec 2021
Net transactions value
$0
Form type
4
Filing time
17 Dec 2021, 15:46:35 UTC
Previous filing
19 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SANW Common Stock Award $0 +22,799 +14% $0.000000 187,646 15 Dec 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares being reported are being issued pursuant to restricted stock units ("RSUs"), each one of which represents a contingent right to receive one share of the Issuer's common stock. The RSU will vest on the earlier of (i) December 15, 2022 and (ii) the date of the Issuer's next Annual Meeting of Stockholders, in each case, subject to the Reporting Person's continuous service on such date.
F2 On January 10, 2019, the Reporting Person filed a Form 4 which inadvertently reported that, following vesting of an RSU, he beneficially owned 71,797 shares of the Issuer's common stock. In fact, the issuer owned 70,372 shares of common stock. The total reported on this Form 4 fixes the 1,425 share discrepancy and reflects the correct total shares now beneficially owned by the Reporting Person.