Jason D. Vieth - 31 Jan 2022 Form 4 Insider Report for Laird Superfood, Inc. (LSF)

Signature
/s/Valerie Ells as attorney-in-fact for Jason D. Vieth
Issuer symbol
LSF
Transactions as of
31 Jan 2022
Net transactions value
$0
Form type
4
Filing time
02 Feb 2022, 18:20:08 UTC
Previous filing
23 Sep 2021
Next filing
07 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSF Common Stock Award $0 +125,000 $0.000000 125,000 31 Jan 2022 Direct F1

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 +75,000 $0.000000 75,000 31 Jan 2022 Laird Superfood, INC, Common Stock 75,000 $7.64 Direct F2
transaction LSF Option (right to buy) Award $0 +50,000 $0.000000 50,000 31 Jan 2022 Laird Superfood, INC, Common Stock 50,000 $25.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units. The restricted stock units will vest in equal installments, on a quarterly basis, over the next four years.
F2 One fourth of the options vest on the first anniversary of the date of grant, with the remaining options to vest in equal installments over twelve fiscal quarters following the first anniversary of the date of grant.