Jordan M. Alpert - 12 Feb 2024 Form 4/A Insider Report for SUPERIOR GROUP OF COMPANIES, INC. (SGC)

Role
Sr VP General Counsel & Secy
Signature
/s/ Melinda Barreiro
Issuer symbol
SGC
Transactions as of
12 Feb 2024
Net transactions value
+$69,200
Form type
4/A
Filing time
14 Feb 2024, 12:57:50 UTC
Date Of Original Report
14 Feb 2024
Previous filing
02 Feb 2024
Next filing
20 Mar 2024
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 +25,000 +48% 77,560 12 Feb 2024 Direct F1, F2, F3

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 $69,200 +5,000 $13.84 5,000 12 Feb 2024 Common Stock 5,000 $13.84 Direct
* 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 in which 15,000 shares vest on the third anniversary of the grant date, 5,000 shares vest on the fourth anniversary of the grant date and 5,000 shares vest on the fifth anniversary of the grant date. This restricted stock award is subject to accelerated vesting as set forth in the award agreement.
F2 On February 12, 2024, the date such awards were granted, the closing price of the issuer's common stock on the NASDAQ was $13.84 per share.
F3 Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 47,007 continue to be subject to forfeiture as of the date of this filing.

Remarks:

Amended footnote #3 to correct number of shares subject to forfeiture.