Gary T. Steele, CEO and President at LANDEC CORP \CA\ (LNDC), sold 59,343 shares at $6.66 ($396K) on 2012-02-08, disclosed to the SEC on 2012-02-10.
Scheduled sale ($396k) 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 | $6.66 | 20,814 | $139K | 35.0% |
| 2 | $6.69 | 29,400 | $197K | 49.7% |
| 3 | $6.60 | 9,129 | $60K | 15.2% |
| Total | $6.67 avg | 59,343 | $396K | 100% |
| Filing → |
| LNDC | SELL | 2012-04-25 | $284K | — | Filing → |
| LNDC | SELL | 2012-04-19 | $3K | — | Filing → |
| LNDC | SELL | 2012-04-16 | $650 | — | Filing → |