SEC Form 4 · accession 0001249155-15-000026
S&W Seed Co · SANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark James Harvey
Officer — Exec Chairman of the Board · Director
Period of report
Jul 15, 2015
Accepted (ET)
Jul 16, 2015 · 8:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477246
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Jul 15, 2015 | A | 10,000 | A | — | — | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the contingent right to receive one share of common stock upon vesting of the RSU.
- F2The RSUs vest on the following schedule, assuming continued service with the Issuer on each vesting date: (i) 15% (1,500 RSUs) vest on October 1, 2015; and (ii) the remaining 85% (8,500 RSUs) vest in 11 quarterly installments on the first day of each fiscal quarter, commencing on January 1, 2016 and continuing thereafter on the first day of each succeeding fiscal quarter through and including July 1, 2018. Of the quarterly vesting installments, 10 will vest an aggregate of 772 RSUs and the 11th installment will vest an aggregate of 780 RSUs. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, in the Issuer's sole discretion.
- F3The RSUs were issued pursuant to the Issuer's Amended and Restated 2009 Equity Incentive Plan.