X0305 4 2012-05-16 0001005286 LANDEC CORP \CA\ LNDC 0001310578 Tobin Robert C/O LANDEC CORPORATION 3603 HAVEN AVENUE MENLO PARK CA 94025 1 Stock Option (Right to Buy) 6.66 2012-05-16 4 M 0 5000 6.66 A 2012-05-16 2019-05-16 Common Stock 5000 65000 D Restricted Stock Unit (RSU) 2012-05-16 4 M 0 1667 A 2013-05-16 Common Stock 1667 1667 D Restricted Stock Units will vest on the 1st anniversary of the grant date and will be automatically settled in shares of common stock. The restricted stock units convert into common stock of Landec Corporation on a 1 for 1 basis /s/ Shelley A. Hilt 2012-05-17