4//SEC Filing
MFP PARTNERS LP 4
Accession 0001209191-23-021108
CIK 0001477246other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:30 PM ET
Size
11.1 KB
Accession
0001209191-23-021108
Insider Transaction Report
Form 4
S&W Seed CoSANW
MFP PARTNERS LP
10% OwnerOther
Transactions
- Award
Common Stock Purchase Warrant
2023-03-22+1,300,000→ 1,300,000 totalExercise: $2.15From: 2023-03-22Exp: 2028-03-22→ Common Stock (1,300,000 underlying)
MFP INVESTORS LLC
10% OwnerOther
Transactions
- Award
Common Stock Purchase Warrant
2023-03-22+1,300,000→ 1,300,000 totalExercise: $2.15From: 2023-03-22Exp: 2028-03-22→ Common Stock (1,300,000 underlying)
Price Jennifer C.
10% OwnerOther
Transactions
- Award
Common Stock Purchase Warrant
2023-03-22+1,300,000→ 1,300,000 totalExercise: $2.15From: 2023-03-22Exp: 2028-03-22→ Common Stock (1,300,000 underlying)
Footnotes (3)
- [F1]MFP Partners, L.P. ("MFP Partners") acquired the Common Stock Purchase Warrant reported herein (the "Warrant) directly from S&W Seed Company (the "Company") on March 22, 2023, as compensation for amending the letter of credit previously issued by MFP Partners pursuant to a Subordinate Loan and Security Agreement between MFP Partners and the Company, dated September 22, 2022, as amended on October 28, 2022 and December 22, 2022. The Warrant is currently exercisable through the 5-year anniversary of its issuance at $2.15 per share.
- [F2]This report is filed jointly by MFP Partners, MFP Investors LLC ("MFP Investors") and Jennifer Cook Price (each, a "Reporting Person" and, collectively, the "Reporting Persons") in connection with their respective direct and indirect relationships with the Company. MFP Investors is the general partner of MFP Partners. Ms. Price is managing director of MFP Partners and managing member and managing director of MFP Investors.
- [F3]MFP Partners is the direct beneficial owner of the Warrant reported herein. Each Reporting Person other than MFP Partners may be deemed to be the indirect beneficial owner of the Warrant reported herein, including the Common Stock issuable upon conversion or exercise of the Warrant; however, each such Reporting Person disclaims beneficial ownership of such Warrant or any Common Stock issuable upon conversion or exercise of such Warrant except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that any of these Reporting Persons is the beneficial owner of the Warrant described herein or any Common Stock issuable upon conversion or exercise of such Warrant for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
Documents
Issuer
S&W Seed Co
CIK 0001477246
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001074749
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 5:30 PM ET
- Size
- 11.1 KB