LANDEC CORP \CA\ 4
4 · LANDEC CORP \CA\ · Filed Jul 2, 2007
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
SCHNEIDER RICHARD S
Director
Transactions
- Award
Restricted Stock Unit
2007-06-28+1,667→ 1,667 totalFrom: 2008-06-28→ Common Stock (1,667 underlying) - Award
Stock Option (Right to Buy)
2007-06-28$13.32/sh+5,000$66,600→ 85,000 totalExercise: $13.32From: 2007-06-28Exp: 2014-06-28→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Units will vest on the 1st anniversary of the grant date and will be automatically settled in shares of common stock subject to vesting.
- [F2]The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis