X0306 4 2018-10-31 0 0000812128 SANDERSON FARMS INC SAFM 0001090137 BUTTS LAMPKIN 127 FLYNT ROAD LAUREL MS 39443 1 1 0 0 President and COO Common Stock 2018-10-31 4 M 0 14029 0.00 A 143976 D Common Stock 2018-10-31 4 F 0 6164 98.39 D 137812 D Common Stock 13.0749 I Allocated to Reporting Person's Account in Issuer ESOP. Performance Shares 2018-10-31 4 M 0 14029 0.00 D Common Stock 14029 0 D The reported transaction was the vesting of performance shares that were awarded on November 1, 2015. The award entitled the Reporting Person to a number of shares of common stock based on the Issuer's level of achievement of performance measures over a two-year period ending October 31, 2017. The performance measures were return on equity and return on sales. On December 28, 2017, the Issuer's Compensation Committee determined that based on the Issuer's actual performance, the Reporting Person was entitled to the number of shares reported in Table II. However, the Reporting Person's performance share agreement provided that the earned shares would not be issued unless the Reporting Person was employed by the Issuer (with some exceptions) for an additional one-year vesting period ending on October 31, 2018. That condition has now been met. Reflects allocations not reported on the Reporting Person's previous ownership report. /s/ D. Michael Cockrell, Attorney-in-Fact 2018-11-01