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    SEC Form SC 13G/A filed by Laird Superfood Inc. (Amendment)

    2/14/22 4:42:01 PM ET
    $LSF
    Packaged Foods
    Consumer Staples
    Get the next $LSF alert in real time by email
    SC 13G/A 1 larid13ga.htm
     
     

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
     
     

    SCHEDULE 13G
    Under the Securities Exchange Act of 1934
    (Amendment No. 1)*
     


     
    Laird Superfood, Inc.
    (Name of Issuer)
    Common Stock, par value $0.001 per share
    (Title of Class of Securities)
    50736T102
    (CUSIP Number)
    December 31, 2021
    (Date of Event Which Requires Filing of this Statement)
     
     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
     
     
    ☐
    Rule 13d-1(b)
     
     
    ☐
    Rule 13d-1(c)
     
     
    ☒
    Rule 13d-1(d)
     

    *
    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



    CUSIP NO.
    50736T102
    Schedule 13G
     
     
     
    1
    NAMES OF REPORTING PERSONS
     
     
     
     
     
    Thomas Wetherald
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     
     
     
    (a)
    ☐
    (b)
    ☐
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    United States of America
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
    753,905
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    -0-
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    753,905
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    -0-
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    753,905
     
     
     
     
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
     
    ☐
     
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    8.3%
     
     
     
     
    12
    TYPE OF REPORTING PERSON
     
     
    IN
     
     
     
     
        


      

    Item 1 (a)
    Name of Issuer:
     
     
     
    Laird Superfood, Inc. (the “Issuer”).
     
     
    Item 1 (b)
    Address of Issuer's Principal Executive Offices:
     
     
     
    275 W. Lundgren Mill Drive, Sisters, Oregon 97759.
     
     
    Item 2 (a)
    Name of Person Filing:
     
     
     
    Thomas Wetherald (the “Reporting Person”).
     
     
    (b)
    Address of Principal Business Office or, if none, Residence:
     
     
     
    The business address of the Reporting Persons is c/o Laird Superfood, Inc., 275 W. Lundgren Mill Drive, Sisters, Oregon 97759.
     
     
    (c)
    Citizenship:
       
      The Reporting Person is a citizen of the United States of America.
       
    (d)
    Title of Class of Securities:
     
     
     
    Common Stock, $0.001 par value (“Common Stock”).
     
     
     (e)
    CUSIP No.:
     
     
     
    50736T102
     

    Item 3
    If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a:
     
     
     
    Not Applicable
     
    Item 4
    Ownership:


    The ownership information below represents beneficial ownership of Common Stock of the Issuer as of December 31, 2021, based upon 9,054,176 shares of Common Stock outstanding as of November 9, 2021.
     
     
     
     
    (a)
    Amount beneficially owned:
     
     
     
     

    The Reporting Person is the beneficial owner of 723,905 shares of Common Stock and 30,000 shares of Common Stock issuable upon exercise of stock options held by the Reporting Person that are exercisable or will become exercisable within 60 days of December 31, 2021.
     
     
     
     
    (b)
    Percent of class: 8.3%
     
     
     
     
    (c)
    Number of shares as to which such person has:

     
    (i)
    Sole power to vote or direct the vote: 753,905
     
     
     
    (ii)
    Shared power to vote or direct the vote: -0-
     
     
     
    (iii)
    Sole power to dispose or direct the disposition: 753,905
     
     
     
    (iv)
    Shared power to dispose or direct the disposition: -0-
     
     
     



    Item 5
    Ownership of Five Percent or Less of a Class:
     
     
     
    Not applicable.
     
     
    Item 6
    Ownership of More Than Five Percent on Behalf of Another Person:
     
     
     
    Not applicable.
     
     
    Item 7
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
     
     
     
    Not applicable.
     
     
    Item 8
    Identification and Classification of Members of the Group:
     
     
     
    Not applicable.
     
     
    Item 9
    Notice of Dissolution of Group:
     
     
     
    Not applicable.
     
     
    Item 10
    Certification:
     
     
     
    Not applicable.
     
     
     


    SIGNATURE


     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     
    Date:  February 14, 2022
     
     
     
    THOMAS WETHERALD
     
     
     
     
     
     
     
    s/ Thomas Wetherald

     



     
     



     
     
     
     
     


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