SEC Form 4 · accession 0001249155-16-000096
S&W Seed Co · SANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grover T Wickersham
Director
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 5:39 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Dec 20, 2016 | A | 5,763 | A | Dec 20, 2017 | — | Common Stock | 5,763 | 5,763 | D |
| Stock Option (right to buy)F3,F4 | $4.75 | Dec 20, 2016 | A | 5,763 | A | Dec 20, 2017 | Dec 20, 2026 | Common Stock | 5,763 | 5,763 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's common stock upon vesting of the RSU. The closing price of the Issuer's common stock on the date of this RSU award was $4.75.
- F2The RSUs will vest on December 20, 2017, subject to continued service with the Issuer on the vesting date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash or a combination of shares and cash, in the Issuer's sole discretion.
- F3The RSUs and options were granted pursuant to the Issuer's Amended and Restated 2009 Equity Incentive Plan.
- F4The options will vest and become exercisable on December 20, 2017, subject to continued service with the Issuer on the vesting date.