X0202 4 2008-02-21 0000057528 LANCE INC LNCE 0001240917 WICKLUND MARGARET E P. O. BOX 32395 CHARLOTTE NC 28232 0 1 0 0 VP, Corp. Cont. and Asst. Sec. $.83-1/3 par value Common Stock 5028.42 D $.83-1/3 par value Common Stock 1650 D $.83-1/3 par value Common Stock 1592.68 D $.83-1/3 par value Common Stock 2008-02-21 4 A 0 1100 A 1100 D $.83-1/3 par value Common Stock 2008-02-21 4 A 0 3189 A 3189 D Option (right to buy) 16.156 2000-02-16 2009-02-16 Common Stock 2450 2450 D Option (right to buy) 10.125 2001-04-20 2010-04-20 Common Stock 750 750 D Option (right to buy) 12.69 2002-01-30 2011-01-30 Common Stock 1550 1550 D Option (right to buy) 14.45 2003-01-24 2012-01-24 Common Stock 1625 1625 D Option (right to buy) 7.65 2004-04-24 2013-04-24 Common Stock 3097 3097 D Option (right to buy) 19.77 2007-03-08 2012-03-08 Common Stock 3450 3450 D Option (right to buy) 19.70 2008-03-08 2014-03-08 Common Stock 5643 5643 D Option (right to buy) 16.77 2008-02-21 4 A 0 4850 16.77 A 2008-02-21 2013-02-21 Common Stock 4850 4850 D Option (right to buy) 16.77 2008-02-21 4 A 0 17826 16.77 A 2009-02-21 2018-02-21 Common Stock 17826 17826 D Performance Equity Units Common Stock 9000 9000 D Includes Restricted shares awarded pursuant to the 1997 Incentive Equity Plan, a Rule 16b-3 Plan. Includes shares attributable to acquisitions under the Dividend Reinvestment Plan. Restricted shares awarded pursuant to the 1997 Incentive Equity Plan, a Rule 16b-3 Plan. 50% of shares are fully vested upon award date. Remaining 50% of shares vest one (1) year after award date. Shares held through the Company's Employee Stock Purchase Plan, a Rule 16b-3 Plan. Restricted shares awarded pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan. 50% of shares are fully vested upon award date. Remaining 50% of shares vest one (1) year after award date. 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 one (1) year after award date. Options granted pursuant to the 1997 Incentive Equity Plan, a Rule 16b-3 Plan. Options are fully exercisable. Options granted pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan. Options are fully exercisable upon award date. Options become exercisable in three (3) equal annual installments beginning 3/8/2008. Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan. Options become exercisable in three (3) equal annual installments beginning 2/21/2009. Each performance equity unit represents a contingent right to receive one share of the Company's common stock. The performance equity units will vest on December 31, 2010, based on the achievement of certain performance measures with respect to the market price of the Company's common stock pursuant to the terms of the Lance, Inc. 2006 Five-Year Performance Equity Plan for Officers and Senior Managers. Vested shares of common stock will be issued as soon as practicable after performance measures are calculated and approved, generally within 75 days after the end of the Company's 2010 fiscal year. /Margaret E. Wicklund/ by Edward H. Schuth, her Attorney-In-Fact 2008-02-25