Alex M. Teague - Feb 1, 2022 Form 4 Insider Report for Limoneira CO (LMNR)

Role: Senior Vice President
Signature: /s/ Alex M. Teague, by Mark Palamountain and Greg Hamm as attorneys-in-fact
Stock symbol: LMNR
Transactions as of: Feb 1, 2022
Transactions value $: -$186,827
Form type: 4
Date filed: 2/3/2022, 03:01 PM
Previous filing: Jan 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMNR	Common Stock	Other	$0	-15K	-8.36%	$0.00	164K	Feb 1, 2022	Direct	F1
transaction	LMNR	Common Stock	Tax liability	-$187K	-12.7K	-7.84%	$14.69	149K	Feb 1, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Alex M. Teague is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to the Severance Agreement, dated January 10, 2022, between Reporting Person and Issuer (the "Severance Agreement"), a copy of which was filed with the United States Securities and Exchange Commission under Current Report on Form 8-K on January 14, 2022, effective February 1, 2022, 23,999 unvested shares of restricted stock awarded by Issuer to the Reporting Person through December 31, 2021 shall fully vest, with the exception of 15,000 shares of restricted stock awarded on December 13, 2021, which are forfeited.
F2	Shares withheld for the payment of tax liability related to the vesting and distribution of restricted stock awards pursuant to the Severance Agreement.

Content

Pursuant to the Severance Agreement, dated January 10, 2022, between Reporting Person and Issuer (the "Severance Agreement"), a copy of which was filed with the United States Securities and Exchange Commission under Current Report on Form 8-K on January 14, 2022, effective February 1, 2022, 23,999 unvested shares of restricted stock awarded by Issuer to the Reporting Person through December 31, 2021 shall fully vest, with the exception of 15,000 shares of restricted stock awarded on December 13, 2021, which are forfeited.

Shares withheld for the payment of tax liability related to the vesting and distribution of restricted stock awards pursuant to the Severance Agreement.