SNYDER'S-LANCE, INC. 4
4 · SNYDER'S-LANCE, INC. · Filed Feb 25, 2014
Insider Transaction Report
Form 4
WAREHIME MICHAEL A
Director
Transactions
- Disposition to Issuer
$.83-1/3 par value Common Stock
2014-02-22−1,239→ 8,547,587 total - Disposition to Issuer
Option (right to buy)
2014-02-22+5,596→ 23,555 totalExercise: $25.56From: 2014-02-22Exp: 2023-02-22→ Common Stock (23,555 underlying) - Award
Option (right to buy)
2014-02-24+27,318→ 27,318 totalExercise: $26.66From: 2015-02-24Exp: 2024-02-24→ Common Stock (27,318 underlying) - Award
$.83-1/3 par value Common Stock
2014-02-24+6,189→ 6,189 total
Holdings
- 4,000
$.83-1/3 par value Common Stock
- 62,139(indirect: By Trust)
$.83-1/3 par value Common Stock
- 597,592(indirect: By daughter)
$.83-1/3 par value Common Stock
- 1,041,345(indirect: By Warehime Enterprises, Inc.)
$.83-1/3 par value Common Stock
- 864,052
$.83-1/3 par value Common Stock
- 362,135(indirect: By MAW Associates, LP)
$.83-1/3 par value Common Stock
Footnotes (13)
- [F1]Vesting of restricted shares tied to certain company performance measures. Based on a 80.8% overall goal achievement, 5,217 shares vested on 2/22/2014.
- [F10]These securities are owned by MAW Associates, LP ("LP"). PAW is the sole member of the general partner of LP, and MAW is an executive officer of LP. MAW's and PAW's beneficial ownership of such securities is indirect.
- [F11]Options granted pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 Plan.
- [F12]Vesting of options tied to certain company performance measures. Based on a 80.8% overall goal achievement, 23,555 options vested on 2/22/2014.
- [F13]Options become exercisable one year from award date of 2/24/2014.
- [F2]Includes 5,217 shares that vested on 2/22/2014.
- [F3]These securities are owned by Michael A. Warehime ("MAW"), who is member of a "group" with his spouse, Patricia A. Warehime ("PAW"), for purposes of Section 13(d) of the Exchange Act. PAW's beneficial ownership of such securities is indirect.
- [F4]Restricted shares awarded pursuant to the 2012 Key Employee Incentive Plan, a Rule 16b-3 plan. Shares vest one year from award date of 2/24/2014.
- [F5]These securities are owned by PAW. MAW's beneficial ownership of such securities is indirect.
- [F6]Restricted shares issued pursuant to the Snyder's-Lance, Inc. 2008 Director Stock Plan, as amended, a Rule 16b-3 Plan.
- [F7]Shares held by a subtrust for the benefit of MAW and PAW's adult daughter, who is a trustee of the subtrust and who shares the household with MAW and PAW. MAW and PAW disclaim beneficial ownership of the shares held by such subtrust, and this report should not be deemed an admission that MAW or PAW are the beneficial owners of such shares for the purposes of Section 16 or for any other purpose.
- [F8]Shares owned by MAW and PAW's adult daughter, who shares the household with MAW and PAW. MAW and PAW disclaim beneficial ownership of the shares, and this report should not be deemed an admission that MAW or PAW are the beneficial owners of such shares for the purposes of Section 16 or for any other purpose.
- [F9]These securities are owned by Warehime Enterprises, Inc. ("WEI"). MAW is the majority owner, chairman and an executive officer of WEI. MAW's and PAW's beneficial ownership of such securities is indirect.