SEC Form 4 · accession 0000034563-18-000030
FARMER BROTHERS CO · FARM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeanne Farmer Grossman
Director · 10% Owner
Period of report
Mar 12, 2018
Accepted (ET)
Mar 16, 2018 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000034563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 par valueF1,F2,F3 | Mar 12, 2018 | S | 10,000 | $33.2725 | D | 1,860,063 | I | Trusts |
| Common Stock, $1.00 par valueF4,F3 | Mar 13, 2018 | S | 2,080 | $33.5354 | D | 1,857,983 | I | Trusts |
| Common Stock, $1.00 par valueF5,F3 | Mar 14, 2018 | S | 3,620 | $33.50 | D | 1,854,363 | I | Trusts |
| Common Stock, $1.00 par value | holding | — | — | — | 18,874 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is being filed late due to an inadvertent administrative error.
- F2Open market sale. This transaction was executed in multiple trades at prices ranging from $33.00 to $33.50; the price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the respective numbers of shares and prices at which these trades were effected upon request to the SEC staff, the Issuer, or a security holder of the Issuer. The Reporting Person continues to meet the Issuer's stock ownership guidelines.
- F3Reflects all of the shares of the Issuer's Common Stock owned directly by various family trusts of which the Reporting Person is the sole trustee, co-trustee, beneficiary, and/or settlor, as reported in the Issuer's Definitive Proxy statement on Schedule 14A filed with the SEC on October 27, 2017, after giving effect to subsequent transactions by the Reporting Person, including this reported transaction. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.
- F4Open market sale. This transaction was executed in multiple trades at prices ranging from $33.50 to $33.55; the price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the respective numbers of shares and prices at which these trades were effected upon request to the SEC staff, the Issuer, or a security holder of the Issuer. The Reporting Person continues to meet the Issuer's stock ownership guidelines.
- F5Open market sale. This transaction was executed in multiple trades each at a price of $33.50 per share. The Reporting Person hereby undertakes to provide full information regarding the respective numbers of shares and prices at which these trades were effected upon request to the SEC staff, the Issuer, or a security holder of the Issuer. The Reporting Person continues to meet the Issuer's stock ownership guidelines.