SEC Form 4 · accession 0001437749-16-033130
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan C Swander
Director
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 10:06 am EDT
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 | May 27, 2016 | S | 7,500 | $31.0333 | D | 12,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4 | $0.00 | May 27, 2016 | A | 21 | A | — | — | Common Stock | 21 | 4,099 | D |
| Restricted Stock UnitsF2,F3,F5 | $0.00 | May 27, 2016 | A | 21 | A | — | — | Common Stock | 21 | 4,021 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.05, inclusive. The Reporting Person undertakes to provide to Snyder's-Lance, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2Restricted Stock Units awarded pursuant to the Snyder's-Lance, Inc. 2014 Director Stock Plan and the Snyder's-Lance, Inc. Deferred Compensation Plan for Non-Employee Directors, Rule 16b-3 Plans.
- F3Shares attributable to acquisitions under the Dividend Reinvestment Plan.
- F4The Restricted Stock Units vested on May 15, 2016, and are deferred until the Reporting Person is no longer serving on the Snyder's-Lance, Inc. Board of Directors.
- F5The Restricted Stock Units vest on May 13, 2017, and are deferred until the Reporting Person is no longer serving on the Snyder's-Lance, Inc. Board of Directors.