SEC Form 4 · accession 0000074046-18-000040
Oil-Dri Corp of America · ODC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel S Jaffee
Officer — Chairman, President and CEO · Director · 10% Owner
Period of report
Sep 6, 2018
Accepted (ET)
Sep 7, 2018 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000074046
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B StockF1,F3 | $0.00 | Sep 6, 2018 | A | 125,000 | A | — | — | Common Stock | 125,000 | 499,434 | D |
Explanation of responses
- F1Class B Stock may be converted at any time at the option of the holder into Common Stock on a share for share basis. See note 134 to SEC Release 34-288691.
- F2Restricted stock granted pursuant to the Oil-Dri Corporation of America 2006 Long Term Incentive Plan in a transaction exempt under rule 16b-3.
- F320% of the shares will become non-forfeitable no earlier than on October 19, 2021; and an additional 20% no earlier than on each of the four subsequent anniversaries of that date, subject to the Reporting Person's continued employment with Issuer (except in the case of termination due to death or disability, termination without cause, or his termination for good reason).