Steven L. Richie - 05 Jul 2024 Form 4 Insider Report for Laird Superfood, Inc. (LSF)

Signature
/s/ Steven L. Richie
Issuer symbol
LSF
Transactions as of
05 Jul 2024
Net transactions value
+$57,875
Form type
4
Filing time
08 Jul 2024, 21:50:51 UTC
Previous filing
03 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSF Common Stock Options Exercise $10,125 +12,500 +14% $0.8100* 100,555 05 Jul 2024 Direct F1
transaction LSF Common Stock Options Exercise $47,750 +25,000 +25% $1.91* 125,555 05 Jul 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 -12,500 -25% $0.000000 37,500 05 Jul 2024 Laird Superfood, Inc. Common Stock 12,500 $0.8100 Direct F3
transaction LSF Employee Stock Option (right to buy) Options Exercise $0 -25,000 -50% $0.000000 25,000 05 Jul 2024 Laird Superfood, Inc. Common Stock 25,000 $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.