GARDNER DANIELSON B. 4
4 · S&W Seed Co · Filed Dec 13, 2017
Insider Transaction Report
Form 4
S&W Seed CoSANW
GARDNER DANIELSON B.
VP Breeding and Genetics
Transactions
- Tax Payment
Common Stock
2017-12-11$3.20/sh−438$1,402→ 2,304 total - Exercise/Conversion
Restricted Stock Units
2017-12-11−1,166→ 1,168 totalFrom: 2017-12-11→ Common Stock (1,166 underlying) - Exercise/Conversion
Common Stock
2017-12-11+1,166→ 2,742 total
Footnotes (4)
- [F1]Represents the settlement of restricted stock units ("RSUs") that vested on December 11, 2017 through the issuance of common stock.
- [F2]The reporting person is reporting the withholding by the Issuer of an aggregate of 438 shares of common stock that vested on December 11, 2017 pursuant to the RSU award referred to in Table II, but that were not issued in order to satisfy the reporting person's tax withholding obligations upon settlement of the RSU award.
- [F3]Each RSU is the economic equivalent of one share of S&W Seed Company common stock. The closing price of SANW on December 11, 2017 was $3.20.
- [F4]On December 11, 2015, the reporting person was granted 3,500 RSUs, of which 1,166 vested on December 11, 2017. The remaining unvested RSUs will vest on December 11, 2018, subject to the reporting person's continued service with the Issuer on the vesting date.