SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bradley Peter

(Last) (First) (Middle)
C/O RICEBRAN TECHNOLOGIES #20
25420 KUYKENDAHL ROAD, SUITE B300

(Street)
TOMBALL TX 77375

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units (8) 07/14/2022 A 1,000,000 (1) (6) Common Stock 1,000,000 $0 1,342,453 D
Restricted Stock Units (7) 07/14/2022 A 365,854 (2) (5) Common Stock 365,854 $0 1,708,307 D
Deferred Stock Units (8) 07/14/2022 A 131,579 (3) (6) Common Stock 131,579 $0 1,839,886 D
Deferred Stock Units (8) 07/14/2022 A 34,569 (4) (6) Common Stock 34,569 $0 1,874,455 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.
Todd T. Mitchell, by power of attorney 07/20/2022
** Signature of Reporting Person Date
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 Number.