4//SEC Filing
SANDERSON JOE F JR 4
Accession 0001209191-20-001369
CIK 0000812128other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:09 PM ET
Size
8.1 KB
Accession
0001209191-20-001369
Insider Transaction Report
Form 4
SANDERSON JOE F JR
DirectorCEO, Chairman of Board
Transactions
- Award
Performance Shares
2020-01-03+4,231→ 4,231 total→ Common Stock (4,231 underlying)
Holdings
- 9,808(indirect: By Spouse)
Common Stock
- 711,613
Common Stock
- 104,402.625(indirect: Allocated to Reporting Person's account in Issuer ESOP.)
Common Stock
Footnotes (1)
- [F1]The performance shares were awarded on November 1, 2017. 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, 2019. The performance measures were return on equity and return on sales. On January 3, 2020, the Issuer's Compensation Committee determined that based on the Issuer's actual performance, the Reporting Person is entitled to the number of shares reported in Table II. The earned shares are subject to an additional one-year vesting period before they are issued and will vest, as long as the Reporting Person remains continuously employed with the Issuer (with some exceptions), on October 31, 2020.
Documents
Issuer
SANDERSON FARMS INC
CIK 0000812128
Entity typeother
IncorporatedMS
Related Parties
1- filerCIK 0001054609
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 6:09 PM ET
- Size
- 8.1 KB