SEC Form 4 · accession 0001437749-15-004074
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Morgan
Officer — Sr. VP and Chief Sales Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:55 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 | Mar 2, 2015 | A | 1,137 | $0.00 | A | 1,137 | D | |
| $.83-1/3 par value Common Stock | holding | — | — | — | 9,830 | D | ||
| $.83-1/3 par value Common StockF2 | holding | — | — | — | 341 | D | ||
| $.83-1/3 par value Common StockF3 | holding | — | — | — | 692 | 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,F9 | $31.02 | Mar 2, 2015 | A | 5,835 | A | Mar 2, 2016 | Mar 2, 2025 | Common Stock | 5,835 | 5,835 | D |
| Option (right to buy)F4 | $6.474 | holding | — | — | — | Dec 6, 2010 | Jan 10, 2025 | Common Stock | 86,600 | 86,600 | D |
| Option (right to buy)F4 | $8.961 | holding | — | — | — | Dec 6, 2010 | Apr 1, 2025 | Common Stock | 13,964 | 13,964 | D |
| Option (right to buy)F5 | $17.32 | holding | — | — | — | Feb 23, 2012 | Feb 23, 2021 | Common Stock | 5,436 | 5,436 | D |
| Option (right to buy)F5 | $22.41 | holding | — | — | — | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 5,220 | 5,220 | D |
| Option (right to buy)F6,F7 | $25.56 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 4,617 | 4,617 | D |
| Option (right to buy)F6,F8 | $26.66 | holding | — | — | — | Feb 24, 2015 | Feb 24, 2024 | Common Stock | 4,587 | 4,587 | 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 3/2/2016.
- F2Restricted 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.
- 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 2/24/2015.
- 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 granted pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan.
- F7Options become exercisable in three (3) equal annual installments beginning 2/22/2014.
- F8Options become exercisable in three (3) equal annual installments beginning 2/24/2015.
- F9Options become exercisable in three (3) equal annual installments beginning 3/2/2016.