X0303 4 2010-12-02 0000057528 LANCE INC LNCE 0001385523 Patcha Glenn A 13024 BALLANTYNE CORPORATE PL. STE. 900 CHARLOTTE NC 28277 0 1 0 0 Senior Vice President $.83-1/3 par value Common Stock 2010-12-02 4 F 0 3850 23.30 D 24385 D $.83-1/3 par value Common Stock 2010-12-02 4 M 0 53304 A 53304 D $.83-1/3 par value Common Stock 2010-12-02 4 D 0 30677 23.30 D 22628 D $.83-1/3 par value Common Stock 2010-12-02 4 F 0 22628 23.30 D 0 D Option (right to buy) 20.095 2008-01-08 2017-01-08 Common Stock 25000 25000 D Option (right to buy) 19.70 2008-03-08 2014-03-08 Common Stock 14601 14601 D Option (right to buy) 16.77 2008-02-21 2013-02-21 Common Stock 4300 4300 D Option (right to buy) 16.77 2009-02-21 2018-02-21 Common Stock 19101 19101 D Option (right to buy) 21.71 2010-02-23 2019-02-23 Common Stock 20010 20010 D Option (right to buy) 21.98 2010-12-02 2020-02-25 Common Stock 22389 22389 D Performance Equity Units 2010-12-02 4 M 0 53304 D Common Stock 53304 0 D Vesting of restricted stock accelerated due to change in control as a result of the approval by Lance stockholders of the merger with Snyder's of Hanover, Inc. Options granted pursuant to the 2003 Key Employee Stock 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. 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. Options are fully exercisable upon award date. Each performance equity unit represents a contingent right to receive one share of the Company's common stock. The performance equity units were to vest on December 31, 2010, based on the achievement of certain performance measures under the Lance, Inc. 2006 Five-Year Performance Equity Plan for Officers and Senior Managers. The performance equity units were settled on a pro rata basis in cash pursuant to the change in control provisions of the 2006 Five-Year Plan and as a result of the approval by Lance stockholders of the merger with Snyder's of Hanover, Inc. Includes 6,093 dividend equivalent performance equity units acquired pursuant to the dividend reinvestment feature of the 2006 Five-Year Plan. /Glenn A. Patcha/ by Edward H. Schuth, his Attorney-In-Fact 2010-12-06