BITLER STEVEN P 4
4 · LANDEC CORP \CA\ · Filed Oct 23, 2017
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
BITLER STEVEN P
Vice President, Technology
Transactions
- Exercise/Conversion
Incentive Stock Option (Right to Buy)
2017-10-19$12.65/sh+7,500$94,875→ 27,500 totalExercise: $12.65From: 2017-11-19Exp: 2024-11-19→ Common Stock (7,500 underlying) - Exercise/Conversion
Right to Buy Restricted Stock Unit (RSU)
2017-10-19+2,500→ 2,500 totalExp: 2020-10-19→ Common Stock (2,500 underlying)
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.