SEC Form 4 · accession 0001249155-15-000041
S&W Seed Co · SANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen D Bornt
Director
Period of report
Dec 11, 2015
Accepted (ET)
Dec 15, 2015 · 7:14 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $4.25 | Dec 11, 2015 | A | 10,000 | A | Jan 1, 2016 | Dec 11, 2025 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The options vest and become exercisable in four quarterly installments of 2,500 shares, commencing on January 1, 2016 and continuing thereafter on the first day of each succeeding fiscal quarter (April 1, July 1 and October 1) through and including October 1, 2016 (each, a "vesting date"), assuming continued service with the Issuer on each such vesting date.