SEC Form 4 · accession 0001249155-17-000047

S&W Seed Co · SANW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jul 1, 2017

Accepted (ET)

Jul 5, 2017 · 6:41 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 Stock	Jul 1, 2017	M	4,222	$0.00	A	156,488	D
Common Stock^F2	holding	—	—		—	23,723	I	By corporation

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F4	—	Jul 1, 2017	M	4,222	D	—	—	Common Stock	4,222	4,226	D

F1Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On March 16, 2013, the reporting person was granted 80,000 RSUs that were previously reported on Table II of Form 4, which form was filed with the Securities and Exchange Commission (the "SEC") on March 19, 2013.
F2Owned directly by RWL Management. The reporting person is the majority owner, an officer and one of two directors of the corporation. He disclaims beneficial ownership except to the extent of his pecuniary interest in the corporation. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purposes.
F3Each RSU is the economic equivalent of one share of S&W Seed Company common stock. The closing price of SANW on June 30, 2017 (the last trading date before July 1, 2017, which fell on a weekend) was $4.15.
F4On March 16, 2013, the reporting person was granted 80,000 RSUs, of which 4,222 vested on July 1, 2017. The remaining unvested RSUs vest on October 1, 2017, subject to the reporting person's continued service with the Issuer on the vesting date.