4//SEC Filing
BUTTS LAMPKIN 4
Accession 0001209191-19-054977
CIK 0000812128other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 5:29 PM ET
Size
11.4 KB
Accession
0001209191-19-054977
Insider Transaction Report
Form 4
BUTTS LAMPKIN
DirectorPresident and COO
Transactions
- Exercise/Conversion
Common Stock
2019-10-31+8,706→ 117,417 total - Exercise/Conversion
Performance Shares
2019-10-31−8,706→ 0 total→ Common Stock (8,706 underlying) - Tax Payment
Common Stock
2019-11-01$159.76/sh−3,401$543,344→ 110,192 total - Tax Payment
Common Stock
2019-10-31$154.81/sh−3,824$591,993→ 113,593 total
Holdings
- 9.451(indirect: Allocated to Reporting Person's Account in Issuer ESOP.)
Common Stock
Footnotes (1)
- [F1]The reported transaction was the vesting of performance shares that were awarded on November 1, 2016. The award entitled the Reporting Person to a number of shares of common stock based on the Issuer's level of achievement of performance measures over a two-year period ending October 31, 2018. The performance measures were return on equity and return on sales. On December 27, 2018, the Issuer's Compensation Committee determined that based on the Issuer's actual performance, the Reporting Person was entitled to the number of shares reported in Table II. However, the Reporting Person's performance share agreement provided that the earned shares would not be issued unless the Reporting Person was employed by the Issuer (with some exceptions) for an additional one-year vesting period ending on October 31, 2019. That condition has now been met.
Documents
Issuer
SANDERSON FARMS INC
CIK 0000812128
Entity typeother
Related Parties
1- filerCIK 0001090137
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 5:29 PM ET
- Size
- 11.4 KB