John Morberg - Jun 1, 2023 Form 4 Insider Report for LIFECORE BIOMEDICAL, INC. \DE\ (LFCR)

Signature
/s/ Aaron Perlitsh, Attorney-In-Fact for John Morberg
Stock symbol
LFCR
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 03:24 PM
Previous filing
Aug 15, 2022
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFCR Common Stock Award +45K +231.96% 64.4K Jun 1, 2023 Direct F1, F2
transaction LFCR Common Stock Award +50K +77.64% 114K Jun 1, 2023 Direct F1, 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 Lifecore Biomedical, Inc. on a 1 for 1 basis.
F2 Restricted Stock Units will vest on the 3rd anniversary of the grant date.
F3 Restricted Stock Units will vest on the 3rd anniversary of the grant date or if earlier, upon a Change in Control.