Company: SENEA
Filing Date: 2025-07-07
Form Type: DEF 14A
Source: 0001437749-25-022256
Chunk: 23

Company: Seneca Foods Corp
Filing Date: 2025-07-07
Form: DEF 14A
Chunk 23
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20% bonus payment and the bonus amounts paid out are set forth in the Summary Compensation Table. |

Outstanding Equity Awards at 2025 Fiscal Year-End

The following table provides information on the outstanding equity awards held by the named executive officers as of March 31, 2025.

| Name               |     | Number of            
 Shares of Restricted 
 Stock That Have      
 Not Vested           |       |    |   |     | Market Value of      
 Shares of Restricted 
 Stock That Have      
 Not Vested (1)       |         |
|:-------------------|:----|:---------------------|------:|:---|:--|:----|:---------------------|--------:|
| Paul L. Palmby     |     |                      |   117 | (2 | ) |     | $                    |  10,418 |
| Michael S. Wolcott |     |                      |   886 | (3 | ) |     | $                    |  78,889 |
| Timothy R. Nelson  |     |                      | 1,224 | (4 | ) |     | $                    | 108,985 |
| Dean E. Erstad     |     |                      | 1,224 | (5 | ) |     | $                    | 108,985 |

| (1) | Determined based on the closing price of the Company’s Class A Common Stock ($89.04) on March 31, 2025. |

| (2) | Mr. Palmby’s restricted stock holdings as of March 31, 2025 vest as follows, provided that he remains employed by the Company on such dates: 117 shares in August 2025. |

| (3) | Mr. Wolcott’s restricted stock holdings as of March 31, 2025 vest as follows, provided that he remains employed by the Company on such dates: 260 shares in August 2025, 260 shares in August 2026, 260 shares in August 2027 and 106 shares in August 2028. |

| (4) | Mr. Nelson's restricted stock holdings as of March 31, 2025 vest as follows, provided that he remains employed by the Company on such dates: 487 shares in August 2025, 371 shares in August 2026, 260 shares in August 2027 and 106 shares in August 2028. |

| (5) | Mr. Erstad's restricted stock