SEC Form 4/A · accession 0001437749-17-001821
SUPERIOR GROUP OF COMPANIES, INC. · SGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Peter Benstock
Officer — Executive VP
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 12:02 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 StockF1,F5,F2 | Feb 3, 2017 | A | 31,500 | $16.97 | A | 370,851 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $16.97 | Feb 3, 2017 | A | 5,892 | A | Feb 3, 2017 | Feb 3, 2022 | Common Stock | 5,892 | 5,892 | D |
| Stock Appreciation RightsF4 | $16.97 | Feb 3, 2017 | A | 3,308 | A | Feb 3, 2017 | Feb 3, 2022 | Common Stock | 3,308 | 3,308 | D |
Explanation of responses
- F1Represents a grant of 31,500 Performance Shares under the issuer's 2013 Incentive Stock and Awards Plan. 15,750 performance shares vest five (5) years from the grant date if Peter Benstock remains continuously employed with the Company or a subsidiary during that time. An additional 15,750 performance shares will vest five (5) years from the grant date if the employment requirement is satisfied, as well as a performance metric is satisfied.
- F2On February 3, 2017,the grant date of the performance shares, the closing price of the issuer's common stock on NASDAQ Stock Market was $16.97.
- F3These stock options are fully vested on the date of grant.
- F4These stock appreciation rights are fully vested on the date of grant.
- F5This amendment is being filed in order to correct a clerical error and to accurately reflect the number of performance shares granted.