Steven L. Richie - Jul 5, 2024 Form 4 Insider Report for Laird Superfood, Inc. (LSF)

Role
General Counsel & Secretary
Signature
/s/ Steven L. Richie
Stock symbol
LSF
Transactions as of
Jul 5, 2024
Transactions value $
$57,875
Form type
4
Date filed
7/8/2024, 09:50 PM
Previous filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSF Common Stock Options Exercise $10.1K +12.5K +14.2% $0.81* 101K Jul 5, 2024 Direct F1
transaction LSF Common Stock Options Exercise $47.8K +25K +24.86% $1.91* 126K Jul 5, 2024 Direct F2

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 Employee Stock Option (right to buy) Options Exercise $0 -12.5K -25% $0.00 37.5K Jul 5, 2024 Laird Superfood, Inc. Common Stock 12.5K $0.81 Direct F3
transaction LSF Employee Stock Option (right to buy) Options Exercise $0 -25K -50% $0.00 25K Jul 5, 2024 Laird Superfood, Inc. Common Stock 25K $1.91 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Steven L. Richie is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This represents the exercise of stock options with a grant date of 04/03/2023.
F2 This represents the exercise of stock options with a grant date of 06/30/2022.
F3 This stock option vests as to 25% of the shares on each of the first four anniversaries of the grant date.