4//SEC Filing
LANCE INC 4
Accession 0000057528-06-000062
CIK 0000057528operating
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 3:19 PM ET
Size
20.7 KB
Accession
0000057528-06-000062
Insider Transaction Report
Form 4
LANCE INCLNCE
GRAGNANI LOUIS R
Vice President
Transactions
- Sale
$.83-1/3 par value Common Stock
2006-05-31$23.56/sh−22$518→ 6,202 total - Sale
$.83-1/3 par value Common Stock
2006-05-31$23.57/sh−300$7,071→ 5,902 total - Sale
$.83-1/3 par value Common Stock
2006-05-31$23.55/sh−8$188→ 6,224 total - Sale
$.83-1/3 par value Common Stock
2006-05-31$23.64/sh−314$7,423→ 5,588 total - Sale
$.83-1/3 par value Common Stock
2006-05-31$23.54/sh−100$2,354→ 6,232 total
Holdings
- 1,000(indirect: By Spouse)
$.83-1/3 par value Common Stock
- 13,875
Option (right to buy)
Exercise: $7.65From: 2004-04-24Exp: 2013-04-24→ Common Stock (13,875 underlying) - 2,600
Option (right to buy)
Exercise: $18.19From: 1998-05-01Exp: 2007-05-01→ Common Stock (2,600 underlying) - 2,613
Option (right to buy)
Exercise: $14.45From: 2003-01-24Exp: 2012-01-24→ Common Stock (2,613 underlying) - 1,440.742
$.83-1/3 par value Common Stock
- 18,000
Performance Equity Units
→ Common Stock (18,000 underlying)
Footnotes (7)
- [F1]Includes Restricted shares awarded pursuant to the 1997 Incentive Equity Plan, a Rule 16b-3 Plan.
- [F2]Shares held through the Company's Employee Stock Purchase Plan, a Rule 16b-3 Plan.
- [F3]Options granted under the 1997 Incentive Equity Plan, a Rule 16b-3 Plan.
- [F4]Options are fully exercisable.
- [F5]Options become exercisable in four equal annual installments beginning 4/24/04.
- [F6]Each performance equity unit represents a contingent right to receive one share of the Company's common stock.
- [F7]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.
Documents
Issuer
LANCE INC
CIK 0000057528
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0000057528
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 3:19 PM ET
- Size
- 20.7 KB