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LIFECORE BIOMEDICAL, INC. \DE\ Director's Dealing 2012

Jul 11, 2012

33431_dirs_2012-07-11_6456e09a-d687-46d7-9acc-1647ee9ff918.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDEC CORP \CA\ (LNDC)
CIK: 0001005286
Period of Report: 2012-06-22

Reporting Person: Hemmeter Molly (Chief Commercial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-06-22 Common Stock M 12500 Acquired 12500 Direct
2012-06-22 Common Stock M 4585 Disposed 7915 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-06-22 Restricted Stock Awards $7.68 M 12500 Disposed 2012-06-22 Common Stock (12500) Direct

Footnotes

F1: The Restricted Stock Units convert into Common Stock of Landec Corporation on a 1 for 1 basis.

F2: The restricted stock units vested on June 22, 2012

F3: Ms Hemmeter surrendered to the Issuer the right to receive an aggregate of 4,585 shares of Common Stock. Ms. Hemmeter did not sell any shares of Common Stock in connection with the foregoing exercise.