SEC Form 3 · accession 0001140361-17-047615
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 18, 2017
Accepted (ET)
Dec 28, 2017 · 4:59 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,F2 | holding | — | — | — | 0 | I | See Explanation of Responses |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Campbell Soup Company (the "Reporting Person") is filing this statement solely because, as a result of a Voting Agreement, dated as of December 18, 2017, among the Reporting Person, and certain holders of Snyder's-Lance, Inc. (the "Issuer") Common Stock (collectively, the "Stockholders"), the Reporting Person may be deemed to have beneficial ownership of 12,851,787 shares of common stock, $0.83-1/3 par value, of the Issuer ("Common Stock") beneficially owned by the Stockholders, which is equal 13.2% of the voting power of the 97,237,528 issued and outstanding shares of Common Stock as of December 15, 2017. The Voting Agreement was entered into in connection with the Agreement and Plan of Merger, dated as of December 18, 2017, among the Reporting Person, the Issuer and Twist Merger Sub, Inc., a wholly owned subsidiary of the Reporting Person.
- F2The Reporting Persons have no pecuniary interest in such Common Stock. Neither the filing of this Form 3 nor any of its contents shall be deemed to constitute an admission that the Reporting Persons are beneficial owners of any of the Common Stock referred to herein pursuant to Rule 16a-1(a)(4) promulgated under the Securities Exchange Act of 1934, as amended.