Ryan David Lake - 07 Oct 2024 Form 4 Insider Report for LIFECORE BIOMEDICAL, INC. \DE\ (LFCR)

Signature
/s/ Rebecca J Hilt, Attorney-In-Fact for Ryan Lake
Issuer symbol
LFCR
Transactions as of
07 Oct 2024
Net transactions value
-$173,762
Form type
4
Filing time
29 Oct 2024, 16:46:43 UTC
Previous filing
05 Sep 2024
Next filing
10 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFCR Common Stock Options Exercise +75,000 +29% 337,500 07 Oct 2024 Direct F1, F2
transaction LFCR Common Stock Tax liability $173,762 -34,138 -10% $5.09 303,362 07 Oct 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The performance-based restricted stock units vested based on the Issuer's achievement of a stock price milestone.
F2 The performance-based restricted stock units convert into common stock of Lifecore Biomedical, Inc. on a 1 for 1 basis.