Midyett Ronald Lane 4
4 · LANDEC CORP \CA\ · Filed Oct 23, 2017
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
Midyett Ronald Lane
Executive Vice President
Transactions
- Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-10-19$12.65/sh+15,000$189,750→ 75,000 totalExercise: $12.65From: 2017-11-19Exp: 2024-10-19→ Common Stock (15,000 underlying) - Exercise/Conversion
Right to Buy Restricted Stock Unit (RSU)
2017-10-20$13.00/sh−7,145$92,885→ 7,145 totalExercise: $13.00From: 2017-10-20Exp: 2017-10-20→ Common Stock (7,145 underlying) - Exercise/Conversion
Common Stock
2017-10-20$13.00/sh+7,145$92,885→ 91,614 total - Exercise/Conversion
Right to Buy Restricted Stock Unit (RSU)
2017-10-19+5,000→ 5,000 totalExp: 2020-10-19→ Common Stock (5,000 underlying) - Tax Payment
Common Stock
2017-10-20$13.00/sh−2,685$34,905→ 88,929 total
Footnotes (2)
- [F1]Restricted Stock Units will vest on the 3rd anniversary of the grant date and will be automatically settled in shares of common stock subject to vesting at a rate of 1 share per unit.
- [F2]The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis.