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MGP INGREDIENTS INC — Director's Dealing 2013
Mar 15, 2013
32795_dirs_2013-03-15_e6c4c526-b78e-40a5-be6c-057266d24109.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: MGP INGREDIENTS INC (MGPI)
CIK: 0000835011
Period of Report: 2012-03-01
Reporting Person: SCHRICK RANDY M (VP Engineering)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-14 | Common Stock | S | 10203 | — | Disposed | 92726 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-03-01 | Restricted Stock Units | $ | A | 8250 | Acquired | Common Stock (8250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 54224 | Indirect |
| Common Stock | 44025 | Indirect |
| Common Stock | 1752 | Indirect |
| Common Stock | 1236 | Indirect |
Footnotes
F1: 4,703 shares sold at $3.40/share; 4,500 shares sold at $3.35/share; 1,000 shares sold at $3.30/share. This transaction was incorrectly reported in a Form 4 filed on August 16, 2012.
F2: On March 5, 2012, a Form 4 was filed for the reporting person disclosing a grant of 8,250 shares of common stock on March 1, 2012. This grant in fact never occurred. Instead, the reporting person was granted an award of 8,250 restricted stock units (RSUs), as disclosed in the Form 4/A filed on December 7, 2012. The reporting person's direct beneficial ownership was also incorrectly reported in the Form 4s filed on March 5 and August 16, 2012.
F3: Each RSU represents a contingent right to receive one share of the issuer's common stock.
F4: The RSUs will vest on March 1, 2017 and the shares will be valued at the closing market price on that date and delivered to the reporting person.