Todd T. Mitchell - 15 Dec 2021 Form 4/A - Amendment Insider Report for RiceBran Technologies

Role
CFO & EVP
Signature
Todd T. Mitchell
Issuer symbol
RIBT on OTC
Transactions as of
15 Dec 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
27 Jan 2022, 16:26:09 UTC
Date Of Original Report
15 Dec 2021
Previous filing
13 Dec 2021
Next filing
02 Mar 2022
SEC
View on sec.gov

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 RIBT Restricted Stock Units Other $0 +1,000,000 +248% $0.000000 1,403,125 15 Dec 2021 Common Stock 1,000,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock.
F2 The RSUs will vest 100% if a change of control of the issuer occurs prior to December 31, 2026 and the reporting person remains in continuous service to the issuer through the change of control date. If the issuers shareholders approve an expansion of the shares available for issuance under the issuers 2014 Equity Incentive Plan prior to December 15, 2022, then the RSUs will vest 20% on December 15th of each of 2022, 2023, 2024, 2025 and 2026.
F3 The RSUs do not expire.