Cynthia Lynn Fohrd - May 3, 2021 Form 4 Insider Report for Seneca Foods Corp (SENEA)

Signature
/s/ Gregory R. Ide. Attorney in Fact
Stock symbol
SENEA
Transactions as of
May 3, 2021
Transactions value $
-$7,760
Form type
4
Date filed
5/13/2021, 03:45 PM
Next filing
Aug 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SENEA Seneca Foods Class A Common Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$6.32K -134 -7.55% $47.13 1.64K May 3, 2021 By 401(k) Plan F1, F2
transaction SENEA Seneca Foods Class B Common Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$1.44K -31 -7.52% $46.59 381 May 3, 2021 By 401(k) Plan F1, F2
holding SENEA Seneca Foods Class A Common 5.91K May 3, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the liquidation of shares to fund a loan in accordance with the terms of the Seneca Foods Corporation Employees' Savings Plan.
F2 These holdings reflect the Reporting Person's units in the Seneca Foods Corporation Stock Fund (the "Stock Fund") under the 401(k) Plan. The Stock Fund is a unitized stock fund that holds shares of Class A common stock as well as shares of Class B common stock. A cash balance is also maintained in the Stock Fund to facilitate transfers between investment fund options in the 401(k) Plan. The actual number of shares of Class A common stock and Class B common stock owned by the Reporting Person fluctuates daily based on the Stock Fund's aggregate holdings. The Reporting Person's holdings under the 401(k) Plan also include additional units acquired in connection with elective deferrals and Company matching contributions since the Reporting Person's last beneficial ownership report. Those transactions were exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B).