Laird Superfood (LSF) CFO exercises stock options, boosting direct stake to 140,667 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Laird Superfood, Inc. Chief Financial Officer Anna Hamill exercised stock options to acquire additional common shares. She converted options for 25,000 shares at $0.81 per share and 6,500 shares at $0.73 per share, both granted under the 2020 Omnibus Incentive Plan. Following these exercises, she directly owns 140,667 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,500 shares exercised/converted
Mixed
4 txns
Insider
Hamill Anna
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) | 25,000 | $0.00 | -- |
| Exercise | Option (right to buy) | 6,500 | $0.00 | -- |
| Exercise | Common Stock | 25,000 | $0.81 | $20K |
| Exercise | Common Stock | 6,500 | $0.73 | $5K |
Holdings After Transaction:
Option (right to buy) — 25,000 shares (Direct);
Common Stock — 134,167 shares (Direct)
Footnotes (1)
- Stock option granted under the 2020 Omnibus Incentive Plan on April 3, 2023 and became exercisable with respect to 25% of the shares of common stock in equal parts on each of the first four anniversaries of the date of grant. Stock option granted under the 2020 Omnibus Incentive Plan on February 23, 2024 and became exercisable with respect to 20% of the shares of common stock in equal parts on each of the first five anniversaries of the date of grant.
FAQ
What did Laird Superfood (LSF) CFO Anna Hamill report in this Form 4?
Anna Hamill reported exercising stock options to acquire Laird Superfood common shares. She converted options for 25,000 shares at $0.81 and 6,500 shares at $0.73, increasing her direct ownership to 140,667 shares after the transactions.
What were the exercise prices of the Laird Superfood (LSF) options exercised by the CFO?
The options exercised by the CFO had exercise prices of $0.81 and $0.73 per share. She exercised 25,000 options at $0.81 and 6,500 options at $0.73, converting them into an equal number of Laird Superfood common shares.
Under which plan were the Laird Superfood (LSF) options granted to the CFO?
The stock options exercised by the CFO were granted under Laird Superfood’s 2020 Omnibus Incentive Plan. Footnotes state one grant was made on April 3, 2023 and another on February 23, 2024, each vesting in annual installments over several years.