SEC Form 4 · accession 0001628280-17-002126
MGP INGREDIENTS INC · MGPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Rindom
Officer — Vice President
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 6:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000835011
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 28, 2017 | M | 18,250 | — | A | 46,048 | D | |
| Common Stock | Feb 28, 2017 | F | 5,894 | $44.23 | D | 40,154 | D | |
| Common Stock | holding | — | — | — | 96,599 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Feb 28, 2017 | M | 18,250 | D | — | — | Common Stock | 18,250 | 0 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | Nov 28, 2017 | Nov 28, 2017 | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | Jan 22, 2019 | Jan 22, 2019 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On March 1, 2012, the reporting person was granted 18,250 restricted stock units, cliff vesting 5 years from the date of grant.
- F3This date was originally reported as 3/1/2017, but should have been 2/28/2017, 5 years after the 3/1/2012 award date. The share close price on 2/28/2017 was the conversion price of the derivative security.
- F4Performance-based restricted stock unit award which will cliff vest on November 28, 2017, 5 years after the award date.
- F5Performance-based restricted stock unit award which will cliff vest on January 22, 2019, 5 years after the award date.