SEC Form 4 · accession 0001437749-16-027190
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Brian J Driscoll
Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 9, 2016 · 6:08 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 StockF2 | Mar 8, 2016 | J | 78,110 | $0.00 | A | 107,192 | D | |
| $.83-1/3 par value Common StockF3 | Mar 8, 2016 | M | 38,914 | — | A | 146,106 | D | |
| $.83-1/3 par value Common StockF4 | Mar 8, 2016 | M | 47,248 | — | A | 193,354 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF3,F5 | — | Mar 8, 2016 | M | 38,914 | D | — | — | Common Stock | 38,914 | 0 | D |
| Restricted Stock UnitsF4,F6 | — | Mar 8, 2016 | M | 47,248 | D | — | — | Common Stock | 47,248 | 0 | D |
Explanation of responses
- F1Shares acquired upon vesting of Restricted Shares received by the reporting person on February 29, 2016 and reported on a Form 3 filed on March 9, 2016.
- F2The reporting person reported all Restricted Shares received by the reporting person on February 29, 2016 in Table I of the Form 4 filed on March 9, 2016. As such, no adjustments to the reporting person's beneficial ownership needs to be made to reflect this vesting event.
- F3Performance Restricted Stock Units convert into common stock on a one-for-one basis.
- F4Restricted Stock Units convert into common stock on a one-for-one basis.
- F5Received in exchange for Performance Restricted Stock Units of Diamond Foods, Inc. (DMND) pursuant to the Agreement and Plan of Merger and Reorganization, dated October 27, 2015, (the "Merger Agreement"), by and among Diamond Foods, Inc., Snyder's-Lance, Inc., Shark Acquisition Sub I, Inc., a wholly-owned subsidiary of Snyder's-Lance, Inc. and Shark Acquisition Sub II, LLC, a wholly-owned subsidiary of Snyder's-Lance, Inc. The reporting person received the Performance Restricted Stock Units of Snyder's-Lance, Inc. (LNCE) in exchange for 34,263 Performance Restricted Stock Units of Diamond Foods, Inc. (DMND).
- F6Received in exchange for Restricted Stock Units of Diamond Foods, Inc. (DMND) pursuant to the Merger Agreement. Restricted Stock Units of Snyder's-Lance, Inc. (LNCE) in exchange for 41,604 Restricted Stock Units of Diamond Foods, Inc. (DMND).