McCormick Andrew J. 4
4 · Laird Superfood, Inc. · Filed Mar 24, 2021
Insider Transaction Report
Form 4
McCormick Andrew J.
General Counsel & Secretary
Transactions
- Sale
Common Stock
2021-03-22$35.77/sh−342$12,233→ 17,179 total - Exercise/Conversion
Option (right to buy)
2021-03-22−5,000→ 56,880 totalExercise: $12.31Exp: 2029-04-02→ Common Stock (5,000 underlying) - Sale
Common Stock
2021-03-22$36.35/sh−148$5,380→ 17,031 total - Exercise/Conversion
Common Stock
2021-03-22$12.31/sh+5,000$61,575→ 17,521 total - Sale
Common Stock
2021-03-22$37.50/sh−4,510$169,125→ 12,521 total
Footnotes (5)
- [F1]The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F2]These shares were sold in multiple transactions at prices between $35.42 and $35.98 inclusive, with a weighted average price $35.77. The Reporting Person undertakes to provide to Laird Superfood, Inc., any security holder of Laird Superfood, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F3]These shares were sold in multiple transactions at prices between $36.00 and $36.50 inclusive, with a weighted average price $36.35.
- [F4]These shares were sold in multiple transactions at prices between $36.56 and $37.50 inclusive, with a weighted average price $37.10.
- [F5]Stock option granted under the 2018 Equity Incentive Plan ("Plan") on April 3, 2019 and became exercisable with respect to 20,000 shares of common stock on December 31, 2019 and with respect to 12,500 shares of common stock on April 16, 2020. The remaining shares of common stock became exercisable September 22, 2020.