LANDEC CORP \CA\ 4
4 · LANDEC CORP \CA\ · Filed May 31, 2016
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
TOMPKINS NICHOLAS
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-05-28−3,475→ 0 total(indirect: By Trust)From: 2016-05-28Exp: 2016-05-28→ Common Stock (3,475 underlying) - Exercise/Conversion
Common Stock
2016-05-28$11.46/sh+3,475$39,824→ 50,712 total(indirect: By Trust) - Exercise/Conversion
Right to Buy Restricted Stock Unit (RSU)
2016-05-26+2,176→ 2,176 total(indirect: By Trust)From: 2016-10-26→ Common Stock (2,176 underlying)
Footnotes (4)
- [F1]The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis.
- [F2]The restricted stock units were granted on May 28, 2015.
- [F3]The restricted stock units vested on May 28, 2016.
- [F4]Restricted Stock Units will vest 5 months from the grant date and will be automatically settled in shares of common stock.