SEC Form 4 · accession 0001437749-15-003406
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, 2015
Accepted (ET)
Feb 25, 2015 · 6:55 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, 2015 | F | 1,553 | $30.51 | D | 9,378 | D | |
| $.83-1/3 par value Common StockF2 | holding | — | — | — | 273,483 | D | ||
| $.83-1/3 par value Common StockF3 | holding | — | — | — | 4,890 | 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)F4 | $3.929 | holding | — | — | — | Dec 6, 2010 | Mar 31, 2020 | Common Stock | 31,500 | 31,500 | D |
| Option (right to buy)F4 | $4.599 | holding | — | — | — | Dec 6, 2010 | Mar 31, 2021 | Common Stock | 28,145 | 28,145 | D |
| Option (right to buy)F4 | $6.259 | holding | — | — | — | Dec 6, 2010 | Mar 31, 2022 | Common Stock | 30,310 | 30,310 | D |
| Option (right to buy)F4 | $6.679 | holding | — | — | — | Dec 6, 2010 | Mar 31, 2023 | Common Stock | 20,568 | 20,568 | D |
| Option (right to buy)F4 | $6.474 | holding | — | — | — | Dec 6, 2010 | Mar 31, 2024 | Common Stock | 12,990 | 12,990 | D |
| Option (right to buy)F4 | $8.961 | holding | — | — | — | Dec 6, 2010 | Apr 1, 2025 | Common Stock | 34,857 | 34,857 | D |
| Option (right to buy)F5 | $17.32 | holding | — | — | — | Feb 23, 2012 | Feb 23, 2021 | Common Stock | 43,479 | 43,479 | D |
| Option (right to buy)F5,F6 | $17.32 | holding | — | — | — | Feb 23, 2016 | Feb 23, 2021 | Common Stock | 344,974 | 344,974 | D |
| Option (right to buy)F5 | $22.41 | holding | — | — | — | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 41,754 | 41,754 | D |
| Option (right to buy)F7,F8 | $25.56 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 66,255 | 66,255 | D |
| Option (right to buy)F7,F9 | $26.66 | holding | — | — | — | Feb 24, 2015 | Feb 24, 2024 | Common Stock | 62,085 | 62,085 | 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.
- F2Includes 3,136 shares that vested on 2/24/2015.
- 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 2/22/2014.
- F4Received in exchange for outstanding options of Snyder's of Hanover, Inc. pursuant to the Agreement and Plan of Merger among Snyder's of Hanover, Inc., Lance, Inc. and Lima Merger Corp.
- F5Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan.
- F6Options become exercisable five (5) years from award date of 2/23/2011.
- F7Options granted pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan.
- F8Options become exercisable in three (3) equal annual installments beginning 2/22/2014.
- F9Options become exercisable in three (3) equal annual installments beginning 2/24/2015.