Alex M. Teague - Feb 1, 2022 Form 4 Insider Report for Limoneira CO (LMNR)

Role
Senior Vice President
Signature
/s/ Alex M. Teague, by Mark Palamountain and Greg Hamm as attorneys-in-fact
Stock symbol
LMNR
Transactions as of
Feb 1, 2022
Transactions value $
-$186,827
Form type
4
Date filed
2/3/2022, 03:01 PM
Previous filing
Jan 18, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMNR Common Stock Other $0 -15K -8.36% $0.00 164K Feb 1, 2022 Direct F1
transaction LMNR Common Stock Tax liability -$187K -12.7K -7.84% $14.69 149K Feb 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Alex M. Teague is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Severance Agreement, dated January 10, 2022, between Reporting Person and Issuer (the "Severance Agreement"), a copy of which was filed with the United States Securities and Exchange Commission under Current Report on Form 8-K on January 14, 2022, effective February 1, 2022, 23,999 unvested shares of restricted stock awarded by Issuer to the Reporting Person through December 31, 2021 shall fully vest, with the exception of 15,000 shares of restricted stock awarded on December 13, 2021, which are forfeited.
F2 Shares withheld for the payment of tax liability related to the vesting and distribution of restricted stock awards pursuant to the Severance Agreement.