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LIFECORE BIOMEDICAL, INC. \DE\ — Director's Dealing 2016
Jun 1, 2016
33431_dirs_2016-06-01_4269d3dc-be1d-4c8e-8f67-5adb39475f1d.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: LANDEC CORP \CA\ (LNDC)
CIK: 0001005286
Period of Report: 2016-05-26
Reporting Person: HIEBERT LARRY D (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-25 | Incentive Stock Option (Right to Buy) | $11.36 | M | 15000 | Acquired | 2023-05-25 | Common Stock (15000) | Direct |
| 2016-05-25 | Right to Buy Restricted Stock Unit (RSU) | $ | M | 5000 | Acquired | Common Stock (5000) | Direct |
Footnotes
F1: Restricted Stock Units will vest on the 3rd 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.
F3: The proper transaction date for this grant is May 25, 2016 versus May 26, 2016. Therefore, the price is $11.36 versus $11.49.
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