SEC Form 4 · accession 0000930413-17-000910
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl E Lee Jr.
Officer — President and CEO · Director
Period of report
Feb 24, 2017
Accepted (ET)
Mar 6, 2017 · 7:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000057528
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $.83-1/3 par value Common StockF1 | Feb 24, 2017 | F | 1,531 | $39.66 | D | 0 | D | |
| $.83-1/3 par value Common StockF2 | Feb 27, 2017 | A | 17,694 | $0.00 | A | 17,694 | D | |
| $.83-1/3 par value Common StockF3 | Mar 1, 2017 | F | 2,244 | $39.90 | D | 13,616 | D | |
| $.83-1/3 par value Common StockF4 | Mar 2, 2017 | F | 2,555 | $39.84 | D | 5,373 | D | |
| $.83-1/3 par value Common StockF5 | holding | — | — | — | 294,030 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F6 | $39.56 | Feb 27, 2017 | A | 122,808 | A | — | Feb 27, 2027 | Common Stock | 122,808 | 122,808 | D |
| Restricted Stock UnitsF7 | $0.00 | Feb 27, 2017 | A | — | A | — | — | Common Stock | 14,156 | 14,156 | D |
Explanation of responses
- F1Restricted shares awarded pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 2/24/2015.
- F2Restricted shares awarded pursuant to the 2016 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 2/27/2018.
- F3Restricted shares awarded pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 3/1/2017.
- F4Restricted shares awarded pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 3/2/2016.
- F5Includes 3,158 shares that vested on 2/24/2017, 4,564 shares that vested on 3/1/2017 and 2,818 shares that vested on 3/2/2017.
- F6The Options become exercisable in three (3) equal annual installments beginning 2/27/2018.
- F7The Restricted Stock Units vest in three (3) equal annual installments beginning on 2/27/2018.