Claudia Goldfarb - 15 Dec 2023 Form 4 Insider Report for Sow Good Inc. (SOWG)

Role
CEO, Director, 10%+ Owner
Signature
/s/ Claudia Goldfarb
Issuer symbol
SOWG
Transactions as of
15 Dec 2023
Net transactions value
$0
Form type
4
Filing time
19 Dec 2023, 16:25:43 UTC
Previous filing
21 Nov 2023
Next filing
09 Feb 2024
SEC
View on sec.gov

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 SOWG Stock Options (right to buy) Award $0 +450,000 $0.000000 450,000 15 Dec 2023 Common Stock 450,000 $9.75 Direct F1
transaction SOWG Stock Option (right to buy) Award $0 +450,000 $0.000000 450,000 15 Dec 2023 Common Stock 450,000 $40.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option shall vest in five (5) equal installments beginning one (1) year from the date of grant and vesting annually thereafter until fully vested, subject to continued employment.
F2 The option will vest in full, if at all, if the average daily closing price of the Issuer's common stock as listed on a stock exchange operated by either the New York Stock Exchange or Nasdaq during a period of 20 consecutive trading days exceeds $40.00 per share, subject to continued employment.