Michael C. Crowley - Jan 13, 2025 Form 3 Insider Report for Lamb Weston Holdings, Inc. (LW)

Role: President, North America
Signature: /s/ Eryk J. Spytek by Power of Attorney from Michael C. Crowley
Stock symbol: LW
Transactions as of: Jan 13, 2025
Transactions value $: $0
Form type: 3
Date filed: 1/21/2025, 05:03 PM
Next filing: Apr 14, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LW	Common Stock						4.78K	Jan 13, 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	LW	Performance Shares							Jan 13, 2025	Common Stock	1.42K		Direct	F1
holding	LW	Employee Stock Option (Right to Buy)							Jan 13, 2025	Common Stock	4.83K	$79.66	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a performance share award that may be earned based on the increase in Lamb Weston Holding, Inc.'s stock price from the date of grant (July 29, 2022) to the end of a three-year performance period ending May 25, 2025 above certain targeted levels. Each performance share represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement. The performance shares are shown at the target level, and the actual amount earned after completion of the performance period may range from 0% (for stock price appreciation of less than 25%) to 100% of the target level (for stock price appreciation equal to 50%) and up to 300% of the target level (for stock price appreciation equal to or greater than 75%), subject to an overall payment value limit equal to eight times the grant value of the award.
F2	The stock options are exercisable as to 33%, 33% and 34%, respectively, on each of the first three anniversaries of the date of grant (July 29, 2022).

Content

Represents a performance share award that may be earned based on the increase in Lamb Weston Holding, Inc.'s stock price from the date of grant (July 29, 2022) to the end of a three-year performance period ending May 25, 2025 above certain targeted levels. Each performance share represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement. The performance shares are shown at the target level, and the actual amount earned after completion of the performance period may range from 0% (for stock price appreciation of less than 25%) to 100% of the target level (for stock price appreciation equal to 50%) and up to 300% of the target level (for stock price appreciation equal to or greater than 75%), subject to an overall payment value limit equal to eight times the grant value of the award.

The stock options are exercisable as to 33%, 33% and 34%, respectively, on each of the first three anniversaries of the date of grant (July 29, 2022).