Ira Goldfarb - Dec 15, 2023 Form 4 Insider Report for Sow Good Inc. (SOWG)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Ira Goldfarb
Stock symbol
SOWG
Transactions as of
Dec 15, 2023
Transactions value $
$0
Form type
4
Date filed
12/19/2023, 04:26 PM
Previous filing
Nov 21, 2023
Next filing
Feb 9, 2024

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 SOWG Stock Options (right to buy) Award $0 +500K $0.00 500K Dec 15, 2023 Common Stock 500K $9.75 Direct F1
transaction SOWG Stock Option (right to buy) Award $0 +500K $0.00 500K Dec 15, 2023 Common Stock 500K $40.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option shall vest in five (5) equal installments beginning one (1) year from the date of grant and vesting annually thereafter until fully vested, subject to continued employment.
F2 The option will vest in full, if at all, if the average daily closing price of the Issuer's common stock as listed on a stock exchange operated by either the New York Stock Exchange or Nasdaq during a period of 20 consecutive trading days exceeds $40.00 per share, subject to continued employment.