SEC Form 4 · accession 0001437749-18-005683
SNYDER'S-LANCE, INC. · LNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Peter Carlucci Jr.
Director
Period of report
Mar 26, 2018
Accepted (ET)
Mar 28, 2018 · 3:31 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 StockF1,F2 | Mar 26, 2018 | D | 71,300 | $50.00 | D | 0 | 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)F3 | $2.8776 | Mar 26, 2018 | D | 4,330 | D | Dec 6, 2010 | Mar 31, 2018 | Common Stock | 4,330 | 0 | D |
| Option (right to buy)F3 | $3.5053 | Mar 26, 2018 | D | 2,165 | D | Dec 6, 2010 | Mar 31, 2019 | Common Stock | 2,165 | 0 | D |
| Option (right to buy)F3 | $3.9293 | Mar 26, 2018 | D | 2,165 | D | Dec 6, 2010 | Mar 31, 2020 | Common Stock | 2,165 | 0 | D |
| Option (right to buy)F3 | $4.5991 | Mar 26, 2018 | D | 2,165 | D | Dec 6, 2010 | Mar 31, 2021 | Common Stock | 2,165 | 0 | D |
| Option (right to buy)F3 | $6.2587 | Mar 26, 2018 | D | 2,165 | D | Dec 6, 2010 | Mar 31, 2022 | Common Stock | 2,165 | 0 | D |
| Option (right to buy)F3 | $6.679 | Mar 26, 2018 | D | 2,165 | D | Dec 6, 2010 | Mar 31, 2023 | Common Stock | 2,165 | 0 | D |
| Option (right to buy)F3 | $6.4709 | Mar 26, 2018 | D | 1,083 | D | Dec 6, 2010 | Mar 31, 2024 | Common Stock | 1,083 | 0 | D |
| Option (right to buy)F3 | $8.9623 | Mar 26, 2018 | D | 2,815 | D | Dec 6, 2010 | Apr 1, 2025 | Common Stock | 2,814 | 0 | D |
Explanation of responses
- F1These shares were disposed of in the merger described in the merger agreement, dated December 18, 2017, among Snyder's-Lance, Inc., Campbell Soup Company and Twist Merger Sub Inc. (the "Merger").
- F2Includes 4,000 restricted shares awarded pursuant to the Snyder's-Lance, Inc. 2014 Director Stock Plan, a Rule 16b-3 Plan. All such restricted shares would have vested on the one year anniversary of the date of grant, which is May 10, 2018; however, the vesting of such restricted shares was accelerated in connection with the Merger.
- F3These options were cancelled in the Merger in exchange for the right to receive the excess of $50 over the applicable per share exercise price of such option, per option.