John Morberg - Aug 11, 2022 Form 4 Insider Report for LANDEC CORP \CA\ (LFCR)

Role
Chief Financial Officer
Signature
/s/Aaron Perlitsh
Stock symbol
LFCR
Transactions as of
Aug 11, 2022
Transactions value $
$299,715
Form type
4
Date filed
8/15/2022, 06:39 PM
Previous filing
Jul 18, 2022
Next filing
Jun 5, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LFCR Incentive Stock Option (Right to Buy) Award $4.63K +409 $11.31 409 Aug 11, 2022 Common Stock 409 $11.31 Direct
transaction LFCR Non-Qualified Stock Option (Right to Buy) Award $142K +12.6K +3078.48% $11.31 13K Aug 11, 2022 Common Stock 12.6K $11.31 Direct
transaction LFCR Restricted Stock Unit Award $153K +13.5K $11.31 13.5K Aug 11, 2022 Common Stock 13.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis.
F2 Restricted Stock Units will vest on the 3rd anniversary of the grant date and will be automatically settled in shares of common stock.