Kraig H. Kayser - Mar 31, 2022 Form 5 Insider Report for Seneca Foods Corp (SENEA)

Role: Director
Signature: /s/ Gregory R. Ide, Attorney in Fact
Stock symbol: SENEA
Transactions as of: Mar 31, 2022
Transactions value $: $475,623
Form type: 5
Date filed: 5/12/2022, 12:12 PM
Previous filing: Nov 18, 2021
Next filing: Oct 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SENEA	Seneca Foods Class B Common	Gift	$476K	+10.1K	+10.08%	$47.11	110K	Jan 24, 2022	Direct	F1
holding	SENEA	Seneca Foods Class A Common						68.9K	Mar 31, 2022	Direct
holding	SENEA	Seneca Foods Class A Series A Preferred						32.2K	Mar 31, 2022	Direct
holding	SENEA	Seneca Foods Class A Series B Preferred						91.4K	Mar 31, 2022	Direct
holding	SENEA	Seneca Foods Class A Common						3.48K	Mar 31, 2022	By 401K Plan	F2
holding	SENEA	Seneca Foods Class B Common						822	Mar 31, 2022	By 401K Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Price per share is the closing price of Seneca Foods Corporation Class B common stock on the date of the gift.
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

Price per share is the closing price of Seneca Foods Corporation Class B common stock on the date of the gift.

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).