SCHNEIDER RICHARD S 4
4 · LANDEC CORP \CA\ · Filed Jul 23, 2008
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
SCHNEIDER RICHARD S
Director
Transactions
- Award
Stock Option (Right to Buy)
2008-07-22$8.19/sh+5,000$40,950→ 85,000 totalExercise: $8.19From: 2008-07-22Exp: 2015-07-22→ Common Stock (5,000 underlying) - Award
Restricted Stock Unit
2008-07-22+1,667→ 1,667 totalFrom: 2009-07-22→ Common Stock (1,667 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