Michael Benstock - Feb 12, 2024 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 12, 2024
Transactions value $
$1,018,223
Form type
4
Date filed
2/14/2024, 09:48 AM
Previous filing
Dec 22, 2023
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGC Common Stock Award +73.6K +14.71% 574K Feb 12, 2024 Direct F1, F2, F3
holding SGC Common Stock 397K Feb 12, 2024 Held in an Irrevocable Trust of which the reporting person disclaims beneficial ownership
holding SGC Common Stock 22K Feb 12, 2024 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 $100K +7.23K $13.84 7.23K Feb 12, 2024 Common Stock 7.23K $13.84 Direct
transaction SGC Stock Appreciation Rights Award $918K +66.3K $13.84 66.3K Feb 12, 2024 Common Stock 66.3K $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 which vests on the third anniversary of the grant or 02/12/2027.
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, 187,463 continue to be subject to forfeiture as of the date of this filing.