John Morberg - Jul 14, 2022 Form 4 Insider Report for LANDEC CORP \CA\ (LFCR)

Role
Chief Financial Officer
Signature
/s/Aaron Perlitsh
Stock symbol
LFCR
Transactions as of
Jul 14, 2022
Transactions value $
$0
Form type
4
Date filed
7/18/2022, 05:02 PM
Previous filing
Jul 28, 2021
Next filing
Aug 15, 2022

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 Restricted Stock Unit Award $0 +5.12K $0.00 5.12K Jul 14, 2022 Common Stock 5.12K Direct F1, F2
transaction LFCR Non-Qualified Stock Option (Right to Buy) Award $0 +40.2K $0.00 40.2K Jul 14, 2022 Common Stock 40.2K $9.76 Direct
transaction LFCR Incentive Stock Option (Right to Buy) Award $0 +9.77K $0.00 9.77K Jul 14, 2022 Common Stock 9.77K $9.76 Direct
* 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 Restricted Stock Units will vest on the 3rd anniversary of the grant date and will be automatically settled in shares of common stock.