SEC Form 4 · accession 0001437749-15-003101
LIFECORE BIOMEDICAL, INC. \DE\ · LFCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred Frank
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 2:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005286
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 18, 2015 | M | 10,000 | $6.85 | A | 64,596 | I | Held by Trust |
| Common Stock | Feb 18, 2015 | M | 5,000 | $8.19 | A | 69,596 | I | Held by Trust |
| Common StockF1 | Feb 18, 2015 | M | 7,653 | $14.30 | D | 61,943 | I | Held by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NonQualified Stock Option (Right to Buy) | $8.19 | Feb 18, 2015 | X | 5,000 | D | Jul 22, 2008 | Jul 22, 2015 | Common Stock | 5,000 | 0 | D |
| NonQualified Stock Option (Right to Buy) | $6.85 | Feb 18, 2015 | X | 10,000 | D | Oct 14, 2005 | Oct 14, 2015 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Mr. Frank surrendered to the Issuer the right to receive an aggregate of 7,653 shares of Common Stock. Mr. Frank did not sell any shares of Common Stock in connection with the foregoing exercise.