1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Incentive Stock Option (Right to Buy)
|
Â
(5)
|
07/25/2025 |
Common Stock
|
5,482
|
$
14.35
|
D
|
Â
|
Nonqualified Stock Options (Right to Buy)
|
Â
(5)
|
07/25/2025 |
Common Stock
|
5,768
|
$
14.35
|
D
|
Â
|
Restricted Stock Units (Right to Buy)
|
Â
(2)
|
07/25/2021 |
Common Stock
|
3,750
|
$
(1)
|
D
|
Â
|
Restricted Stock Units (Right to Buy)
|
Â
(2)
|
05/25/2019 |
Common Stock
|
10,000
|
$
(1)
|
D
|
Â
|
Nonqualified Stock Options (Right to Buy)
|
Â
(3)
|
05/25/2023 |
Common Stock
|
8,208
|
$
11.36
|
D
|
Â
|
Incentive Stock Option (Right to Buy)
|
Â
(3)
|
05/25/2023 |
Common Stock
|
21,792
|
$
11.36
|
D
|
Â
|
Restricted Stock Units (Right to Buy)
|
Â
(2)
|
10/19/2020 |
Common Stock
|
5,000
|
$
(1)
|
D
|
Â
|
Nonqualified Stock Options (Right to Buy)
|
Â
(4)
|
10/19/2024 |
Common Stock
|
6,688
|
$
12.65
|
D
|
Â
|
Incentive Stock Option (Right to Buy)
|
Â
(4)
|
10/19/2024 |
Common Stock
|
8,312
|
$
12.65
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The Restricted Stock Units convert into Common Stock of Landec Corporation on a 1 for 1 basis. |
(2) |
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. |
(3) |
The options vest as to (a) 33% for first year beginning on May 25, 2017 and then (b) the remaining in 1/36 monthly installments over the following 24 months, subject to continued service through each vesting date. |
(4) |
The options vest as to 1/36 of the total shares monthly, beginning on November 19, 2017, subject to continued service through each vesting date. |
(5) |
The options vest as to 1/36 of the total shares monthly, beginning on August 25, 2018, subject to continued service through each vesting date. |