James G. Hall - 11 Aug 2022 Form 4 Insider Report for LANDEC CORP \CA\ (LFCR)

Role
Chief Executive Officer
Signature
/s/Aaron Perlitsh
Issuer symbol
LFCR
Transactions as of
11 Aug 2022
Net transactions value
+$2,205,450
Form type
4
Filing time
15 Aug 2022, 18:47:22 UTC
Previous filing
08 Aug 2022
Next filing
05 Jun 2023
SEC
View on sec.gov

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 Non-Qualified Stock Option (Right to Buy) Award $1,696,500 +150,000 $11.31 150,000 11 Aug 2022 Common Stock 150,000 $11.31 Direct
transaction LFCR Right to Buy Restricted Stock Unit (RSU) Award $508,950 +45,000 $11.31 45,000 11 Aug 2022 Common Stock 45,000 Direct F1, F2
* 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 subject to vesting at a rate of 1 share per unit.