SANDERSON FARMS, INC. (NASDAQ:SAFM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

SANDERSON FARMS, INC. (NASDAQ:SAFM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

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On January18, 2018, the Compensation Committee (the “Committee”) of the Board of Directors of Sanderson Farms, Inc. (the “Registrant”) ratified the payment of certain miscellaneous items of compensation during fiscal 2017 to the Registrant’s Named Executive Officers, as follows:

Type JoeF.Sanderson,Jr., Chairman& CEO LampkinButts, President&COO D.MichaelCockrell, Treasurer& CFO TimRigney, Secretary

Personal Use of Company and Charter Aircraft

$ 90,432 $ 8,095 $ 21,311 $

Other Travel Related Expenses

11,501

401(k) Plan Matching Contribution

10,600 10,600 10,600 10,600

ESOP Contribution

15,819 15,819 15,819 15,819

Term Life Insurance Premium

Matching Charitable Contributions

5,000 5,000 2,500

Dividends Paid on Restricted Stock

226,950 59,160 47,430 7,596

Accidental Death

Health Plan Benefit

7,683 7,683 7,683 7,683

Hart-Scott-Rodino filing fees and legal fees

53,018

Total

$ 410,034 $ 118,063 $ 105,696 $ 41,981


About SANDERSON FARMS, INC. (NASDAQ:SAFM)

Sanderson Farms, Inc. is a poultry processing company. The Company is engaged in the production, processing, marketing and distribution of fresh and frozen chicken, and also preparation, processing, marketing and distribution of processed and minimally prepared chicken. It sells ice pack, chill pack, bulk pack and frozen chicken, in whole, cut-up and boneless form, under the Sanderson Farms brand name to retailers, distributors, casual dining operators, customers reselling frozen chicken into export markets. The Company, through its subsidiaries, Sanderson Farms, Inc. (Production Division) and Sanderson Farms, Inc. (Processing Division), conducts its chicken operations. Sanderson Farms, Inc. (Production Division) is engaged in the production of chickens to the broiler-stage. Sanderson Farms, Inc. (Foods Division) is engaged in the processing, sale and distribution of chickens. The Company, through Sanderson Farms, Inc. (Foods Division), conducts its prepared chicken business.

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