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

Role
Chief Financial Officer
Signature
/s/Aaron Perlitsh
Issuer symbol
LFCR
Transactions as of
14 Jul 2022
Net transactions value
$0
Form type
4
Filing time
18 Jul 2022, 17:02:38 UTC
Previous filing
28 Jul 2021
Next filing
15 Aug 2022
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 Restricted Stock Unit Award $0 +5,123 $0.000000 5,123 14 Jul 2022 Common Stock 5,123 Direct F1, F2
transaction LFCR Non-Qualified Stock Option (Right to Buy) Award $0 +40,229 $0.000000 40,229 14 Jul 2022 Common Stock 40,229 $9.76 Direct
transaction LFCR Incentive Stock Option (Right to Buy) Award $0 +9,771 $0.000000 9,771 14 Jul 2022 Common Stock 9,771 $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.