SEC Form 4 · accession 0001249155-16-000057
S&W Seed Co · SANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Charles Jury
Officer — Exec VP Operations & COO
Period of report
Apr 29, 2016
Accepted (ET)
May 2, 2016 · 8:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477246
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 29, 2016 | M | 5,834 | $3.95 | A | 7,120 | D | |
| Common StockF1,F2 | holding | — | — | — | 223,338 | I | By retirement fund |
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)F3 | $3.95 | Apr 29, 2016 | M | 5,834 | D | — | Dec 11, 2024 | Common Stock | 5,834 | 20,415 | D |
Explanation of responses
- F1Subsequent to April 29, 2016, the reporting period transferred these shares to the Jury Bain Superannuation Fund, a retirement fund of which the reporting person is a beneficiary. Following that transfer, the reporting person holds 0 shares directly, and the 223,338 share total held by the Superannuation Fund, as reported on the following line of Table I as indirectly owned, includes the shares previously owned directly by the reporting person and the transfer of 88,000 shares previously held indirectly through the reporting person's family trust.
- F2These shares are owned directly by the Jury Bain Superannuation Fund.
- F3Options granted on December 11, 2014 vest in 12 quarterly installments over three years, which vesting began on April 1, 2015 and will continue on the first day of each succeeding fiscal quarter (July 1, October 1, January 1 and April 1) through and including January 1, 2018.