SEC Form 4 · accession 0001437749-17-018310
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander W Pease
Officer — EVP & CFO
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 8:32 pm 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 Stock | Nov 1, 2017 | M | 1,450 | $37.65 | A | 5,872 | D | |
| $.83-1/3 par value Common Stock | Nov 1, 2017 | F | 478 | $37.65 | D | 5,397 | 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 UnitsF3,F1,F2 | — | Nov 1, 2017 | M | 1,450 | D | — | — | Common Stock | 1,450 | 2,901 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Restricted shares awarded pursuant to the 2016 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 11/1/2017.
- F3Includes 17.914 restricted stock units acquired on November 29, 2016, 17.266 restricted stock units acquired on March 3, 2017, 18.743 restricted stock units acquired on May 26, 2017 and 19.345 restricted stock units acquired on August 30, 2017 pursuant to a dividend reinvestment feature of the Snyder's-Lance, Inc. 2016 Key Employee Incentive Plan.