SCHNEIDER RICHARD S 4
4 · LANDEC CORP \CA\ · Filed Apr 9, 2010
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
SCHNEIDER RICHARD S
Director
Transactions
- Exercise of In-Money
Stock Option (Right to Buy)
2010-04-08$5.81/sh−10,000$58,130→ 0 totalExercise: $5.81From: 2000-04-12Exp: 2010-04-12→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2010-04-08$6.88/sh−8,449$58,129→ 66,753 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2010-04-08$5.81/sh+10,000$58,130→ 75,202 total(indirect: By Trust)
Footnotes (1)
- [F1]Dr. Schneider exercised an option to purchase 10,000 shares of Common Stock by surrendering to the Issuer the right to receive an aggregate of 8449 shares of Common Stock under such option. Dr. Schneifer did not sell any shares of Common Stock in connection with the foregoing exercise.