SEC Form 4 · accession 0001209191-17-057798
SANDERSON FARMS INC · SAFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joe F Sanderson Jr.
Officer — CEO, Chairman of the Board · Director
Period of report
Oct 21, 2017
Accepted (ET)
Oct 24, 2017 · 10:31 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000812128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 21, 2017 | A | 16,750 | $0.00 | A | 738,557 | D | |
| Common Stock | holding | — | — | — | 9,808 | I | By spouse. | |
| Common Stock | holding | — | — | — | 101,177 | I | Allocated to Reporting Person's account in Issuer ESOP. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Compensation Committee ("Committee") of the Registrant's Board of Directors approved the reported transaction on October 18, 2017, conditioned upon certain requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, being satisfied. That condition was satisfied on October 21, 2017, thus the effective date of the Committee's approval was October 21, 2017.
- F2The reported transaction was a grant by the Issuer of restricted stock. Thus, there was no price.