Adolphus B. Baker - Dec 7, 2023 Form 4 Insider Report for CAL-MAINE FOODS INC (CALM)

Signature
/s/Robert L. Holladay, Jr., on behalf of Adolphus B. Baker, pursuant to a power of attorney
Stock symbol
CALM
Transactions as of
Dec 7, 2023
Transactions value $
-$159,568
Form type
4
Date filed
1/16/2024, 05:19 PM
Previous filing
May 16, 2023
Next filing
Apr 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALM Common Stock Gift $0 -4.18K -2.66% $0.00 153K Dec 7, 2023 Direct
transaction CALM Common Stock Tax liability -$160K -2.91K -1.9% $54.91 150K Jan 12, 2024 Direct F1
transaction CALM Common Stock Award $0 +1.86K +1.24% $0.00 152K Jan 12, 2024 Direct F2
holding CALM Common Stock 147K Dec 7, 2023 By KSOP F3
holding CALM Common Stock 1.09M Dec 7, 2023 By DLNL, LLC, a family LLC F4
holding CALM Common Stock 5.51K Dec 7, 2023 By wife's KSOP F3, F5
holding CALM Class A Common Stock 4.8M Dec 7, 2023 By DLNL, LLC, a family LLC F6
holding CALM Common Stock 231K Dec 7, 2023 By wife F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover taxes due upon the vesting of restricted stock.
F2 Represents a grant of time-vesting restricted stock, which will vest on the third anniversary of the date of grant.
F3 Represents current allocation under KSOP.
F4 The reporting person disclaims beneficial ownership of all Common Stock held in the family-owned LLC except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that the reporting person is the beneficial owner for purposes of Section 16 or any other purpose.
F5 The reporting person disclaims beneficial ownership of all securities held by his wife, directly or indirectly, and this report should not be deemed an admission that the reporting person is the beneficial owner for the purposes of Section 16 or any other purpose.
F6 The reporting person disclaims beneficial ownership of the shares of Class A Common Stock held in the family-owned LLC except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that the reporting person is the beneficial owner for purposes of Section 16 or any other purpose.