---
schema_version: "secwatch.filing_event.v1"
accession: "0001005286-21-000061"
form_type: "8-K"
ticker: "LFCR"
cik: "0001005286"
company_name: "LIFECORE BIOMEDICAL, INC. DE"
filed_at: "2021-10-15T23:59:59+00:00"
generated_at: "2026-06-28T20:26:12.355819+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Landec VP/SVP Supply Chain Timothy Burgess separates Oct 11; gets $258k salary continuation + 17,500 RSU vest

## Summary
- Timothy Burgess, VP of Landec and SVP Supply Chain at Curation Foods, separated effective Oct 11, 2021.
- He receives $258,633.18 in salary continuation over 39 weeks, plus full accelerated vesting of 17,500 RSUs from a July 2019 grant.
- Burgess entered a Separation Agreement including a general release of claims, non-disparagement, and continued restrictive covenants.
- Severance conditioned on no revocation by Oct 20; COBRA paid for 6 months through April 2022.

## SEC filing metadata
- accession: 0001005286-21-000061
- form_type: 8-K
- ticker: LFCR
- cik: 0001005286
- company_name: LIFECORE BIOMEDICAL, INC. DE
- filed_at: 2021-10-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005286/000100528621000061/0001005286-21-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005286/000100528621000061/lndc-20211011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001005286-21-000061
- JSON: https://secwatch.observer/filing/0001005286-21-000061.json
- Plain text: https://secwatch.observer/filing/0001005286-21-000061.txt

## Key facts
- Executive change
  Timothy P. Burgess departed as Vice President of the Company and Senior Vice President of Supply Chain at LIFECORE BIOMEDICAL, INC. DE.
  - Action: separated
  - Role: Vice President of the Company and Senior Vice President of Supply Chain
  source text: On October 11, 2021, Landec Corporation (the “Company”), Curation Foods, Inc. (“Curation Foods”), a wholly owned subsidiary of the Company, and Timothy P. Burgess, Vice President of the Company and Senior Vice President of Supply Chain with Curation Foods, agreed to separate his employment, effective October 11, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005286/000100528621000061/0001005286-21-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.