SEC Form 4 · accession 0001437749-16-026692
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank B Schuster
Officer — SVP and Chief Sales Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 3:48 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 1, 2016 | A | 2,043 | $0.00 | A | 2,043 | D | |
| $.83-1/3 par value Common StockF2 | Mar 2, 2016 | F | 152 | $31.50 | D | 624 | D | |
| $.83-1/3 par value Common StockF3 | holding | — | — | — | 4,242 | 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,F5 | $30.60 | Mar 1, 2016 | A | 15,705 | A | Mar 1, 2017 | Mar 1, 2026 | Common Stock | 15,705 | 15,705 | 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 3/1/2017.
- 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 3/2/2016.
- F3Includes 160 shares that vested on 3/2/2016.
- F4Options granted pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan.
- F5Options become exercisable in three (3) equal annual installments beginning 3/1/2017.