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RIBT RiceBran Technologies

0.35
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RiceBran Technologies NASDAQ:RIBT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.35 0.3675 0.37 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

20/07/2022 12:39pm

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).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bradley Peter
2. Issuer Name and Ticker or Trading Symbol

RiceBran Technologies [ RIBT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Chairman
(Last)          (First)          (Middle)

C/O RICEBRAN TECHNOLOGIES #20, 25420 KUYKENDAHL ROAD, SUITE B300
3. Date of Earliest Transaction (MM/DD/YYYY)

7/14/2022
(Street)

TOMBALL, TX 77375
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units  (8)7/14/2022  A   1000000     (1) (6)Common Stock 1000000 $0 1342453 D  
Restricted Stock Units  (7)7/14/2022  A   365854     (2) (5)Common Stock 365854 $0 1708307 D  
Deferred Stock Units  (8)7/14/2022  A   131579     (3) (6)Common Stock 131579 $0 1839886 D  
Deferred Stock Units  (8)7/14/2022  A   34569     (4) (6)Common Stock 34569 $0 1874455 D  

Explanation of Responses:
(1) These DSUs will vest in twenty percent installments over 5 years, with the first vesting date beginning on March 4, 2023, and subsequent vesting installments occurring on each anniversary thereafter, subject to the reporting person's continuous service to the issuer through each applicable vesting date.
(2) The RSU shares vest 50 percent in year 1, beginning on March 4, 2023, and 50 percent in year 2, or if a change in control of the issuer occurs prior to March 4, 2024 and the reporting person remains in continuous service to the issuer through the change of control date.
(3) These DSUs vest on the earlier of July 14, 2023, or the day prior to the next annual meeting of the issuer.
(4) These DSUs are vested at issuance.
(5) These RSUs do not expire.
(6) These DSUs do not expire.
(7) Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock.
(8) Each deferred stock unit (DSU) represents a right to receive one share of common stock. The issuance of the shares of common stock underlying the DSUs is deferred to the date the reporting person is no longer providing service to the issuer.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bradley Peter
C/O RICEBRAN TECHNOLOGIES #20
25420 KUYKENDAHL ROAD, SUITE B300
TOMBALL, TX 77375
X
Executive Chairman

Signatures
Todd T. Mitchell, by power of attorney7/20/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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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