X0303 4 2010-02-25 0000057528 LANCE INC LNCE 0001240917 WICKLUND MARGARET E 13024 BALLANTYNE CORPORATE PL. STE. 900 CHARLOTTE NC 28277 0 1 0 0 VP, Corp. Cont. and Asst. Sec. $.83-1/3 par value Common Stock 11845.344 D $.83-1/3 par value Common Stock 1063 D $.83-1/3 par value Common Stock 2414 D $.83-1/3 par value Common Stock 1290 D $.83-1/3 par value Common Stock 2010-02-25 4 A 0 984 A 984 D $.83-1/3 par value Common Stock 1730.0515 D Option (right to buy) 7.65 2004-04-24 2013-04-24 Common Stock 1022 1022 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 2013-02-21 Common Stock 4850 4850 D Option (right to buy) 16.77 2009-02-21 2018-02-21 Common Stock 17826 17826 D Option (right to buy) 21.71 2010-02-23 2019-02-23 Common Stock 9960 9960 D Option (right to buy) 21.98 2010-02-25 4 A 0 4611 21.98 A 2011-02-25 2020-02-25 Common Stock 4611 4611 D Performance Equity Units Common Stock 9000 9000 D Includes shares attributable to acquisitions under the Dividend Reinvestment Plan. 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 2/21/09. 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 immediately upon award date of 2/23/2009. 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 2/23/2010. 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 2/25/2011. Shares held through the Company's Employee Stock Purchase Plan, a Rule 16b-3 Plan. Options granted pursuant to the 1997 Incentive Equity Plan, a Rule 16b-3 Plan. Options granted pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan. Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan. Options are fully exercisable. Options are fully exercisable upon award date. Options become exercisable in three (3) equal annual installments beginning 3/8/2008. Options become exercisable in three (3) equal annual installments beginning 2/23/2010. Options become exercisable in three (3) equal annual installments beginning 2/21/2009. Options become exercisable in three (3) equal annual installments beginning 2/25/2011. 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 2010-03-01