MICHAEL BENSTOCK - 03 Feb 2023 Form 4 Insider Report for SUPERIOR GROUP OF COMPANIES, INC. (SGC)

Role
CEO, Director
Signature
/s/ Melinda Barreiro
Issuer symbol
SGC
Transactions as of
03 Feb 2023
Transactions value $
$0
Form type
4
Filing time
07 Feb 2023, 14:47:00 UTC
Previous filing
06 Dec 2022
Next filing
10 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGC Common Stock Award +96.4K +28.81% 431K 03 Feb 2023 Direct F1, F2, F3
holding SGC Common Stock 397K 03 Feb 2023 Held in an irrevocable trust of which the reporting person disclaims beneficial ownership.
holding SGC Common Stock 22K 03 Feb 2023 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SGC Stock Options (Right to Buy) Award +8.31K 8.31K 03 Feb 2023 Common Stock 8.31K $12.04 Direct F2
transaction SGC Stock Appreciation Rights Award +21.7K 21.7K 03 Feb 2023 Common Stock 21.7K $12.04 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a restricted stock award which vests on the third anniversary of the grant date or 02/03/2026.
F2 On February 3, 2023, the date such awards were granted, the closing price of the issuer's common stock on the NASDAQ was $12.04 per share.
F3 Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 157,537 continue to be subject to forfeiture as of the date of this filing.