Michael Benstock - Feb 3, 2023 Form 4 Insider Report for SUPERIOR GROUP OF COMPANIES, INC. (SGC)

Role: CEO, Director
Signature: /s/ Melinda Barreiro
Stock symbol: SGC
Transactions as of: Feb 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/7/2023, 02:47 PM
Previous filing: Dec 6, 2022
Next filing: May 10, 2023

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	Feb 3, 2023	Direct	F1, F2, F3
holding	SGC	Common Stock						397K	Feb 3, 2023	Held in an irrevocable trust of which the reporting person disclaims beneficial ownership.
holding	SGC	Common Stock						22K	Feb 3, 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	Feb 3, 2023	Common Stock	8.31K	$12.04	Direct	F2
transaction	SGC	Stock Appreciation Rights	Award		+21.7K			21.7K	Feb 3, 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.