SEC Form 4 · accession 0001437749-16-024991
SUPERIOR GROUP OF COMPANIES, INC. · SGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dominic Leide
Officer — V.P. Admin & Customer Support
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 1:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000095574
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Feb 5, 2016 | A | 33,334 | $16.35 | A | 45,572 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of 33,334 performance shares under the issuer's 2013 Incentive Stock and Awards Plan. 16,667 performance shares vest five (5) years from the grant date if Mr. Leide remains continuously employed with the Company or a subsidiary during that time and an additional 16,667 shares vest if the employment requirement is satisfied and a certain performance metric is satisfied.
- F2On February 5, 2016, the date of grant of the performance shares, the closing price of the issuer's common stock on NASDAQ was $16.35.