SEC FORM 4

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

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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^*

THOMPSON BLAKE

(Last)

(First)

(Middle)

13024 BALLANTYNE CORPORATE PL.

STE. 900

(Street)

CHARLOTTE

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2011

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
$.83-1/3 par value Common Stock	05/26/2011		M		18,657	A	$19.71	39,449.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		17,592	A	$19.44	57,041.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		13,296	A	$14.5	70,337.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		2,800	A	$17.5	73,137.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		23,367	D	$21.25	49,770.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		1,848	D	$21.255	47,922.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		5,300	D	$21.26	42,622.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		200	D	$21.265	42,422.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		963	D	$21.27	41,459.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		500	D	$21.275	40,959.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		4,400	D	$21.28	36,559.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		100	D	$21.283	36,459.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		200	D	$21.285	36,259.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		2,700	D	$21.29	33,559.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		1,367	D	$21.3	32,192.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		100	D	$21.303	32,092.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		700	D	$21.305	31,392.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		4,600	D	$21.31	26,792.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		500	D	$21.3125	26,292.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		300	D	$21.315	25,992.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		1,700	D	$21.32	24,292.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		500	D	$21.33	23,792.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		200	D	$21.335	23,592.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		500	D	$21.34	23,092.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		2,200	D	$21.35	20,892.712⁽¹⁾	D
$.83-1/3 par value Common Stock	05/26/2011		M		100	D	$21.36	20,792.712⁽¹⁾	D
$.83-1/3 par value Common Stock								5,052⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option (right to buy)⁽³⁾	$15.89							12/19/2006⁽⁶⁾	12/19/2015	Common Stock	15,000		15,000	D
Option (right to buy)⁽⁴⁾	$17.5	05/26/2011		M			2,800	03/08/2007⁽⁷⁾	03/08/2012	Common Stock	2,800	$0	0	D
Option (right to buy)⁽⁴⁾	$17.43							03/08/2008⁽⁸⁾	03/08/2014	Common Stock	12,168		12,168	D
Option (right to buy)⁽⁴⁾	$14.5							02/21/2008⁽⁷⁾	02/21/2013	Common Stock	6,750		6,750	D
Option (right to buy)⁽⁵⁾	$14.5	05/26/2011		M			13,296	02/21/2009⁽⁸⁾	02/21/2018	Common Stock	13,296	$0	4,554	D
Option (right to buy)⁽⁵⁾	$19.44	05/26/2011		M			17,592	02/23/2010⁽⁸⁾	02/23/2019	Common Stock	17,592	$0	0	D
Option (right to buy)⁽⁵⁾	$19.71	05/26/2011		M			18,657	12/02/2010⁽⁸⁾	02/25/2020	Common Stock	18,657	$0	0	D
Option (right to buy)⁽⁵⁾	$17.32							02/23/2012⁽⁹⁾	02/23/2021	Common Stock	19,023		19,023	D

Explanation of Responses:

1. Includes shares attributable to acquisitions under the Dividend Reinvestment Plan.

2. 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.

3. Options granted pursuant to the 2003 Key Employee Stock Plan, a Rule 16b-3 Plan.

4. Options granted pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan.

5. Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan.

6. Options are fully exercisable.

7. Options are fully exercisable upon award date.

8. 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.

9. Options become exercisable in three (3) equal annual installments beginning 2/23/2012.

Remarks:

	/Blake W. Thompson/ by Edward H. Schuth, his Attorney-In-Fact	05/31/2011
	** 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).
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