SEC Form 4 · accession 0001437749-18-016809
Seneca Foods Corp · SENEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Laurence Palmby
Officer — EVP Chief Operating Officer
Period of report
Sep 7, 2018
Accepted (ET)
Sep 10, 2018 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000088948
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Seneca Foods Class A CommonF3 | Sep 7, 2018 | A | 1,563 | $0.00 | A | 20,443 | D | |
| Seneca Foods Class A CommonF1 | holding | — | — | — | 1,545 | I | 401-K | |
| Seneca Foods Class B CommonF1 | holding | — | — | — | 265 | I | 401-K | |
| Seneca Foods Class B CommonF2 | holding | — | — | — | 769 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1401-K match and elective holdings.
- F2These shares were acquired in lieu of cash compensation pursuant to the Company's Executive Profit Sharing Bonus Plan.
- F3Award of restricted stock pursuant to the Company's 2007 Equity Incentive Plan, which was originally approved by the shareholders of the Company on August 10, 2007 and amended and extended July 2017. No price was paid by the Reporting Person in connection with this award of shares of restricted stock which vest 25% per year over the next four years.