Gary T. Steele, CEO and President at LANDEC CORP \CA\ (LNDC), sold 24,282 shares at $6.51 ($159K) on 2012-02-03, disclosed to the SEC on 2012-02-07.
Scheduled sale ($159k) by CEO and President under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.51 | 4,749 | $31K | 19.5% |
| 2 | $6.50 | 1,500 | $10K | 6.1% |
| 3 | $6.55 | 18,033 | $118K | 74.4% |
| Total | $6.54 avg | 24,282 | $159K | 100% |
| Filing → |
| LNDC | SELL | 2012-04-25 | $284K | — | Filing → |
| LNDC | SELL | 2012-04-19 | $3K | — | Filing → |
| LNDC | SELL | 2012-04-16 | $650 | — | Filing → |