SCHNEIDER RICHARD S 4
4 · LANDEC CORP \CA\ · Filed May 26, 2009
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
SCHNEIDER RICHARD S
Director
Transactions
- Award
Stock Option (Right to Buy)
2009-05-21$6.22/sh+5,000$31,100→ 90,000 totalExercise: $6.22From: 2009-05-21Exp: 2016-05-21→ Common Stock (5,000 underlying) - Award
Restricted Stock Unit
2009-05-21+1,667→ 1,667 totalFrom: 2010-05-21→ 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