COCKRELL D MICHAEL (Treasurer and CFO) exercised options at SANDERSON FARMS INC

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

M · 2 exercises

COCKRELL D MICHAEL

Filed: 7/26/2022ACC: 0001209191-22-043163

InsiderCOCKRELL D MICHAELCIK 1090139

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IssuerSANDERSON FARMS INCCIK 812128

DirectorOfficer· Treasurer and CFO

Since Oct 2018

-105.50K

Net shares

Net seller

$20.65M

Total sold

Open market trades

0B · 0S

Total transactions

33K acquired · 138.50K disposed

Non-Derivative Transactions5

Common Stock

Direct

G · Gift

−20.25K

Price / share

—

Trade value

—

% of position

19.8%

12/22/2021

102.41K→82.16K

Common Stock

Direct

M · Option Exercise

+7.50K

Price / share

—

Trade value

—

% of position

9.1%

7/22/2022

82.16K→89.66K

Common Stock

Direct

M · Option Exercise

+9K

Price / share

—

Trade value

—

% of position

10.0%

7/22/2022

89.66K→98.66K

Common Stock

Direct

D · Disposition

−98.66K

Price / share

$203.00

Trade value

$20.03M

% of position

New position

7/22/2022

98.66K→0.00

Common Stock

Indirect

D · Disposition

−3.09K

Price / share

$203.00

Trade value

$627.15K

% of position

New position

7/22/2022

3.09K→0.00

Total

Net shares

−105.50K

Net value

-$20.65M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/22/2021	G · Gift	−20.25K	—	—	19.8%	102.41K	82.16K
Common Stock Direct	7/22/2022	M · Option Exercise	+7.50K	—	—	9.1%	82.16K	89.66K
Common Stock Direct	7/22/2022	M · Option Exercise	+9K	—	—	10.0%	89.66K	98.66K
Common Stock Direct	7/22/2022	D · Disposition	−98.66K	$203.00	$20.03M	New position	98.66K	0.00
Common Stock Indirect	7/22/2022	D · Disposition	−3.09K	$203.00	$627.15K	New position	3.09K	0.00
Total			−105.50K		-$20.65M

Derivative Transactions4

Performance Shares (2019)

Direct

A · Award

Converts to

Common Stock

7.50K shares

+7.50K

Strike price

Held after

7.50K

Exercisable

—

7/22/2022

Performance Shares (2019)

Direct

M · Option Exercise

Converts to

Common Stock

7.50K shares

−7.50K

Strike price

Held after

0.00

Exercisable

—

7/22/2022

Performance Shares (2020)

Direct

A · Award

Converts to

Common Stock

9K shares

+9K

Strike price

Held after

Exercisable

—

7/22/2022

Performance Shares (2020)

Direct

M · Option Exercise

Converts to

Common Stock

9K shares

−9K

Strike price

Held after

0.00

Exercisable

—

7/22/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Shares (2019) Direct	Common Stock7.50K shares	7/22/2022	A · Award	+7.50K	—	7.50K
Performance Shares (2019) Direct	Common Stock7.50K shares	7/22/2022	M · Option Exercise	−7.50K	—	0.00
Performance Shares (2020) Direct	Common Stock9K shares	7/22/2022	A · Award	+9K	—	9K
Performance Shares (2020) Direct	Common Stock9K shares	7/22/2022	M · Option Exercise	−9K	—	0.00