Albert D. Bolles - May 23, 2022 Form 4 Insider Report for LANDEC CORP \CA\ (LFCR)

Role
Chief Executive Officer
Signature
/s/Aaron Perlitsh
Stock symbol
LFCR
Transactions as of
May 23, 2022
Transactions value $
-$257,692
Form type
4
Date filed
5/24/2022, 03:05 PM
Previous filing
Apr 26, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFCR Common Stock Options Exercise $520K +55K +121.81% $9.45 100K May 23, 2022 Direct F1
transaction LFCR Common Stock Tax liability -$258K -27.3K -27.23% $9.45 72.9K May 23, 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 LFCR Common Stock Options Exercise -$520K -55K -100% $9.45 0 May 23, 2022 Common Stock 55K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis.
F2 The restricted stock units were granted on May 23, 2019.
F3 The restricted stock units vested on May 23, 2022.