Michael Koempel - 03 Feb 2023 Form 4 Insider Report for SUPERIOR GROUP OF COMPANIES, INC. (SGC)

Role
CFO
Signature
/s/ Melinda Barreiro
Issuer symbol
SGC
Transactions as of
03 Feb 2023
Net transactions value
+$240,800
Form type
4
Filing time
07 Feb 2023, 11:11:46 UTC
Previous filing
06 Dec 2022
Next filing
14 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGC Common Stock Award +20,647 +310% 27,313 03 Feb 2023 Direct F1, F2, 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 SGC Stock Options (Right to Buy) Award $72,962 +6,060 $12.04 6,060 03 Feb 2023 Common Stock 6,060 $12.04 Direct
transaction SGC Stock Appreciation Rights Award $167,838 +13,940 $12.04 13,940 03 Feb 2023 Common Stock 13,940 $12.04 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a restricted stock award which vests on the third anniversary of the grant date or 02/03/2026.
F2 On February 3, 2023, the date such restricted stock award was granted, the closing price of the issuer's common stock on the NASDAQ was $12.04 per share.
F3 Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 27,313 continue to be subject to forfeiture as of the date of this filing.