BAKER ADOLPHUS B - 07 Dec 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
Issuer symbol
CALM
Transactions as of
07 Dec 2023
Net transactions value
-$159,568
Form type
4
Filing time
16 Jan 2024, 17:19:03 UTC
Previous filing
16 May 2023
Next filing
25 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALM Common Stock Gift $0 -4,179 -2.7% $0.000000 152,768 07 Dec 2023 Direct
transaction CALM Common Stock Tax liability $159,568 -2,906 -1.9% $54.91 149,862 12 Jan 2024 Direct F1
transaction CALM Common Stock Award $0 +1,863 +1.2% $0.000000 151,725 12 Jan 2024 Direct F2
holding CALM Common Stock 147,226 07 Dec 2023 By KSOP F3
holding CALM Common Stock 1,087,956 07 Dec 2023 By DLNL, LLC, a family LLC F4
holding CALM Common Stock 5,512 07 Dec 2023 By wife's KSOP F3, F5
holding CALM Class A Common Stock 4,800,000 07 Dec 2023 By DLNL, LLC, a family LLC F6
holding CALM Common Stock 230,570 07 Dec 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.