SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SINGER DAVID V

(Last) (First) (Middle)
13024 BALLANTYNE CORPORATE PL.
STE. 900

(Street)
CHARLOTTE NC 28277

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SNYDER'S-LANCE, INC. [ LNCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
$.83-1/3 par value Common Stock 02/15/2012 S 147 D $21.8868 (1) 256,853 D
$.83-1/3 par value Common Stock 02/16/2012 S 50,259 D $21.9539 (2) 206,594 D
$.83-1/3 par value Common Stock 3,000 (3) D
$.83-1/3 par value Common Stock 27,426 (4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) (5) $17.38 02/08/2007 (8) 02/08/2016 Common Stock 83,652 83,652 D
Option (right to buy) (6) $17.43 03/08/2008 (9) 03/08/2017 Common Stock 100,000 100,000 D
Option (right to buy) (7) $19.44 02/23/2010 (9) 02/23/2019 Common Stock 92,196 92,196 D
Option (right to buy) (7) $19.71 12/02/2010 (9) 02/25/2020 Common Stock 85,287 85,287 D
Option (right to buy) (7) $17.32 02/23/2012 (10) 02/23/2021 Common Stock 103,260 103,260 D
Explanation of Responses:
1. Price shown is the weighted average. Shares sold in multiple transactions ranging from $21.88-$21.89. Detailed information regarding the number of shares sold at each separate price is available to the Commission upon request.
2. Price shown is the weighted average. Shares sold in multiple transactions ranging from $21.88-$22.01. Detailed information regarding the number of shares sold at each separate price is available to the Commission upon request.
3. Shares issued pursuant to the Lance, Inc. 2003 Director Stock Plan, a Rule 16b-3 Plan.
4. Restricted shares awarded pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan. Shares vest in three (3) equal annual installments beginning 2/23/2012.
5. Options granted pursuant to the 2003 Key Employee Stock Plan, a Rule 16b-3 Plan.
6. Options granted pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan.
7. Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan.
8. Options are fully exercisable.
9. Options are fully exercisable. Vesting accelerated due to change in control as a result of the approval by Lance stockholders of the merger with Snyder's of Hanover, Inc.
10. Options become exercisable in three (3) equal annual installments beginning 2/23/2012.
Remarks:
David V. Singer by /s/ A. Zachary Smith III, his Attorney-In-Fact 02/17/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.