JAFFEE DANIEL S 4
4 · Oil-Dri Corp of America · Filed Sep 8, 2023
Insider Transaction Report
Form 4
JAFFEE DANIEL S
DirectorPresident and CEO
Transactions
- Award
Class B Stock
2023-09-06+125,000→ 572,484 totalExercise: $0.00→ Common Stock (125,000 underlying)
Footnotes (3)
- [F1]Class B Stock may be converted at any time at the option of the holder into Common Stock on a share for share basis. See note 134 to SEC Release 34-288691.
- [F2]Restricted stock granted pursuant to the Oil-Dri Corporation of America 2006 Long Term Incentive Plan in a transaction exempt under rule 16b-3.
- [F3]The shares shall become non-forfeitable as follows on the anniversaries of October 19, 2023: (i) 16,000 shares on each of the first and second anniversaries; and (ii) 31,000 shares on each of the third, fourth and fifth anniversaries, subject to the Reporting Person's continued employment with Issuer (except in the case of termination due to death or disability, termination without cause, or his termination for good reason).