Mark Wong - Oct 13, 2023 Form 4 Insider Report for S&W Seed Co (SANW)

Role
Director
Signature
/s/ Vanessa Baughman, Attorney-in-Fact
Stock symbol
SANW
Transactions as of
Oct 13, 2023
Transactions value $
$0
Form type
4
Date filed
12/15/2023, 05:03 PM
Previous filing
Aug 30, 2023
Next filing
Oct 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SANW Common Stock Award $0 +65.7K +21.43% $0.00 372K Oct 13, 2023 Direct F1
transaction SANW Common Stock Award $0 +127K +34.01% $0.00 499K Dec 13, 2023 Direct F2
holding SANW Common Stock 36.6K Oct 13, 2023 By Starlight 4, LLLP F3

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 SANW Stock options (right to buy) Award $0 +278K $0.00 278K Oct 13, 2023 Common Stock 278K $0.77 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in 12 quarterly installments over three years, commencing on January 1, 2024, and continuing thereafter on the first day of each succeeding fiscal quarter through and including October 1, 2026, subject to the Reporting Person's continued service with the Issuer on each respective vesting date.
F2 Represents the grant of RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in full on the earlier of (i) December 13, 2024 and (ii) the date of the Issuer's next Annual Meeting of Stockholders, in each case, subject to the Reporting Person's continued service with the Issuer on each respective vesting date.
F3 The Reporting Person is General Partner of Starlight 4, LLLP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F4 The options vest in 12 quarterly installments over three years, commencing on January 1, 2024, and continuing thereafter on the first day of each succeeding fiscal quarter through and including October 1, 2026, subject to the Reporting Person's continued service on each respective vesting date.