BUTTS LAMPKIN (President and COO) exercised options at SANDERSON FARMS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

BUTTS LAMPKIN

Filed: 7/26/2022ACC: 0001209191-22-043161

InsiderBUTTS LAMPKINCIK 1090137

→

IssuerSANDERSON FARMS INCCIK 812128

DirectorOfficer· President and COO

Since Oct 2018

-107.64K

Net shares

Net seller

$25.04M

Total sold

Open market trades

0B · 0S

Total transactions

42K acquired · 149.64K disposed

Non-Derivative Transactions4

Common Stock

Direct

G · Gift

−5.31K

Price / share

—

Trade value

—

% of position

4.9%

12/22/2021

107.64K→102.34K

Common Stock

Direct

M · Option Exercise

+9.50K

Price / share

—

Trade value

—

% of position

9.3%

7/22/2022

102.34K→111.84K

Common Stock

Direct

M · Option Exercise

+11.50K

Price / share

—

Trade value

—

% of position

10.3%

7/22/2022

111.84K→123.34K

Common Stock

Direct

D · Disposition

−123.34K

Price / share

$203.00

Trade value

$25.04M

% of position

New position

7/22/2022

123.34K→0.00

Total

Net shares

−107.64K

Net value

-$25.04M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/22/2021	G · Gift	−5.31K	—	—	4.9%	107.64K	102.34K
Common Stock Direct	7/22/2022	M · Option Exercise	+9.50K	—	—	9.3%	102.34K	111.84K
Common Stock Direct	7/22/2022	M · Option Exercise	+11.50K	—	—	10.3%	111.84K	123.34K
Common Stock Direct	7/22/2022	D · Disposition	−123.34K	$203.00	$25.04M	New position	123.34K	0.00
Total			−107.64K		-$25.04M

Derivative Transactions4

Performance Shares (2019)

Direct

A · Award

Converts to

Common Stock

9.50K shares

+9.50K

Strike price

Held after

9.50K

Exercisable

—

7/22/2022

Performance Shares (2019)

Direct

M · Option Exercise

Converts to

Common Stock

9.50K shares

−9.50K

Strike price

Held after

0.00

Exercisable

—

7/22/2022

Performance Shares (2020)

Direct

A · Award

Converts to

Common Stock

11.50K shares

+11.50K

Strike price

Held after

11.50K

Exercisable

—

7/22/2022

Performance Shares (2020)

Direct

M · Option Exercise

Converts to

Common Stock

11.50K shares

−11.50K

Strike price

Held after

0.00

Exercisable

—

7/22/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Shares (2019) Direct	Common Stock9.50K shares	7/22/2022	A · Award	+9.50K	—	9.50K
Performance Shares (2019) Direct	Common Stock9.50K shares	7/22/2022	M · Option Exercise	−9.50K	—	0.00
Performance Shares (2020) Direct	Common Stock11.50K shares	7/22/2022	A · Award	+11.50K	—	11.50K
Performance Shares (2020) Direct	Common Stock11.50K shares	7/22/2022	M · Option Exercise	−11.50K	—	0.00