SCHNEIDER RICHARD S 4
4 · LANDEC CORP \CA\ · Filed Mar 22, 2011
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
SCHNEIDER RICHARD S
Director
Transactions
- Exercise/Conversion
Common Stock
2011-03-21$6.25/sh−5,600$35,000→ 72,820 total(indirect: By Trust) - Exercise/Conversion
Non Qualified Stock Option
2011-03-21$3.50/sh−10,000$35,000→ 0 totalExercise: $3.50From: 2001-03-29Exp: 2011-03-29→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2011-03-21$3.50/sh+10,000$35,000→ 78,420 total(indirect: By Trust)
Footnotes (1)
- [F1]Dr. Schneider surrendered to the Issuer the right to receive an aggregate of 5,600 shares of Common Stock. Dr. Schneider did not sell any shares of Common Stock in connection with the foregoing exercise.