Hodge Paul Jr. 4
4 · Laird Superfood, Inc. · Filed Feb 3, 2021
Insider Transaction Report
Form 4
Hodge Paul Jr.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2021-02-01+9,936→ 276,401 total(indirect: By Trust) - Award
Performance Units
2021-02-01+76,821→ 76,821 total(indirect: By Trust)Exp: 2024-02-01→ Common Stock (76,821 underlying) - Award
Stock Option (right to buy)
2021-02-01+20,116→ 20,116 total(indirect: By Trust)Exercise: $43.53Exp: 2031-02-01→ Common Stock (20,116 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted stock units. The restricted stock units vest over four years.
- [F2]Each performance unit represents a contingent right to receive one share of Company common stock. The performance units vest (i) 50% upon the volume weighted average price of the Company's common stock equaling or exceeding $100 per share over any 30 trading day period within the three years following the grant date, and (ii) subject to the satisfaction of such volume weighted average price criteria, 25% upon the later of the satisfaction of such volume weighted average price criteria and each of the second and third anniversaries of the grant date.
- [F3]The stock option vests over four years.