COLE LECIL E 4
4 · CALAVO GROWERS INC · Filed Mar 14, 2023
Insider Transaction Report
Form 4
COLE LECIL E
DirectorChrmn of the Board, CEO & Pres10% Owner
Transactions
- Award
Stock Option (right to buy)
2023-03-10+500,000→ 500,000 totalExercise: $24.39Exp: 2033-03-09→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]The option becomes exercisable with respect to 200,000 shares on March 10, 2024, and becomes exercisable, if at all, with respect to the remaining 300,000 shares in 100,000-share increments if the average daily closing price of CVGW common stock on the Nasdaq Stock Market during any 30 consecutive calendar day period exceeds $50, $60, and $70 respectively.