Amended Statement of Changes in Beneficial Ownership (4/a)
08 February 2017 - 4:04AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
BENSTOCK PETER
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2. Issuer Name
and
Ticker or Trading Symbol
SUPERIOR UNIFORM GROUP INC
[
SGC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Executive VP
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(Last)
(First)
(Middle)
SUPERIOR UNIFORM GROUP, 10055 SEMINOLE BLVD.
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3. Date of Earliest Transaction
(MM/DD/YYYY)
2/3/2017
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(Street)
SEMINOLE, FL 33772
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
2/7/2017
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
(1)
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2/3/2017
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A
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31500
(5)
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A
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$16.97
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370851
(1)
(2)
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Stock Options (Right to Buy)
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$16.97
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2/3/2017
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A
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5892
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2/3/2017
(3)
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2/3/2022
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Common Stock
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5892
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$16.97
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5892
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D
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Stock Appreciation Rights
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$16.97
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2/3/2017
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A
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3308
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2/3/2017
(4)
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2/3/2022
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Common Stock
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3308
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$16.97
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3308
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D
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Explanation of Responses:
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(
1)
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Represents a grant of 31,500 Performance Shares under the issuer's 2013 Incentive Stock and Awards Plan. 15,750 performance shares vest five (5) years from the grant date if Peter Benstock remains continuously employed with the Company or a subsidiary during that time. An additional 15,750 performance shares will vest five (5) years from the grant date if the employment requirement is satisfied, as well as a performance metric is satisfied.
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(
2)
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On February 3, 2017,the grant date of the performance shares, the closing price of the issuer's common stock on NASDAQ Stock Market was $16.97.
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(
3)
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These stock options are fully vested on the date of grant.
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(
4)
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These stock appreciation rights are fully vested on the date of grant.
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(
5)
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This amendment is being filed in order to correct a clerical error and to accurately reflect the number of performance shares granted.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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BENSTOCK PETER
SUPERIOR UNIFORM GROUP
10055 SEMINOLE BLVD.
SEMINOLE, FL 33772
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Executive VP
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Signatures
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/s/ Melinda Barreiro
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2/7/2017
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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