Laird Hamilton - 23 Feb 2024 Form 4/A Insider Report for Laird Superfood, Inc. (LSF)

Role: Chief Innovator, Director
Signature: /s/ Steven Richie as attorney-in-fact for Laird Hamilton
Issuer symbol: LSF
Transactions as of: 23 Feb 2024
Net transactions value: $0
Form type: 4/A
Filing time: 17 May 2024, 19:57:25 UTC
Date Of Original Report: 26 Feb 2024
Previous filing: 05 Apr 2023
Next filing: 15 Jul 2024
SEC: View on sec.gov

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	LSF	Option (Right to Buy)	Award	$0	+70,000		$0.000000	70,000	23 Feb 2024	Laird Superfood, Inc. Common Stock	70,000	$0.7300	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The original Form 4, filed on February 26, 2024 (the "Original Filing"), is being amended to reduce the number of shares issuable upon exercise of the previously granted stock option (the "Award") to Laird Hamilton (the "Reporting Person"). A portion of the Award was made in error and, as a result, the Board of Directors of Laird Superfood, Inc. reduced the number of shares underlying the Award from 250,000 to 70,000.
F2	This stock option vests as to 20% of the shares on each of the first five anniversaries of the grant date.

Content

The original Form 4, filed on February 26, 2024 (the "Original Filing"), is being amended to reduce the number of shares issuable upon exercise of the previously granted stock option (the "Award") to Laird Hamilton (the "Reporting Person"). A portion of the Award was made in error and, as a result, the Board of Directors of Laird Superfood, Inc. reduced the number of shares underlying the Award from 250,000 to 70,000.

This stock option vests as to 20% of the shares on each of the first five anniversaries of the grant date.