SKINNER GREGORY S 4
4 · LANDEC CORP \CA\ · Filed Jul 27, 2018
Insider Transaction Report
Form 4
LANDEC CORP \CA\LNDC
SKINNER GREGORY S
VP Finance and Admin & CFO
Transactions
- Exercise/Conversion
Right to Buy Restricted Stock Unit (RSU)
2018-07-25+6,183→ 6,183 totalExp: 2021-07-25→ Common Stock (6,183 underlying) - Exercise/Conversion
Right to Buy Restricted Stock Unit (RSU)
2018-07-25+9,930→ 9,930 totalExp: 2021-07-25→ Common Stock (9,930 underlying) - Exercise/Conversion
Nonqualified Stock Option (Right to Buy)
2018-07-25$14.35/sh+12,321$176,806→ 108,321 totalExercise: $14.35From: 2021-07-25Exp: 2025-07-25→ Common Stock (12,321 underlying) - Exercise/Conversion
Incentive Stock Option (Right to Buy)
2018-07-25$14.35/sh+6,229$89,386→ 114,550 totalExercise: $14.35From: 2021-07-25Exp: 2025-07-25→ Common Stock (6,229 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units convert into Common Stock of Landec Corporation on a 1 for 1 basis.
- [F2]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.
- [F3]Restricted Stock Units will be automatically settled in shares of common stock subject to achievement of the performance goals set forth in the Company's LTIP for 2021.