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

May 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDEC CORP \CA\ (LNDC)
CIK: 0001005286
Period of Report: 2012-05-16

Reporting Person: Hollis Richard Dean (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-16	Incentive Stock Option (Right to Buy)	$6.66	M	5000	Acquired	2019-05-16	Common Stock (5000)	Direct
2012-05-16	Restricted Stock Unit (RSU)	$	M	1667	Acquired		Common Stock (1667)	Direct

Footnotes

F1: Restricted Stock Units will vest on the 1st anniversary of the grant date and will be automatically settled in shares of common stock.

F2: The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis