Aaron Michael Girard - May 18, 2021 Form 4 Insider Report for Seneca Foods Corp (SENEA)

Role: Senior VP Logistics
Signature: /s/ Gregory R. Ide. Attorney in Fact
Stock symbol: SENEA
Transactions as of: May 18, 2021
Transactions value $: -$5,848
Form type: 4
Date filed: 5/20/2021, 09:23 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	-$4.73K	-101	-13.15%	$46.87	667	May 18, 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	-$1.11K	-23	-12.92%	$48.44	155	May 18, 2021	By 401(k) Plan	F1, F2

* 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).

Content

Represents the liquidation of shares to fund a loan in accordance with the terms of the Seneca Foods Corporation Employees' Savings Plan.

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).