4//SEC Filing
Pease Alexander W 4
Accession 0000899243-18-008783
CIK 0000057528other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 9:20 PM ET
Size
27.4 KB
Accession
0000899243-18-008783
Insider Transaction Report
Form 4
Pease Alexander W
Executive VP and CFO
Transactions
- Disposition to Issuer
Option (right to buy)
2018-03-26$14.93/sh−20,202$301,616→ 0 totalExercise: $35.07Exp: 2026-11-01→ Common Stock (20,202 underlying) - Other
Performance Option (right to buy)
2018-03-26+77,065.2→ 77,065.2 totalExercise: $35.52→ Common Stock (77,065.2 underlying) - Disposition to Issuer
Restricted Stock Unit
2018-03-26$50.00/sh−2,919.33$145,967→ 0 totalExercise: $0.00→ Common Stock (2,919.33 underlying) - Disposition to Issuer
$.83-1/3 par value Common Stock
2018-03-26$50.00/sh−17,177$858,850→ 0 total - Disposition to Issuer
Option (right to buy)
2018-03-26$10.44/sh−12,060$125,906→ 0 totalExercise: $39.56Exp: 2027-02-27→ Common Stock (12,060 underlying) - Disposition to Issuer
Performance Restricted Stock Unit
2018-03-26$50.00/sh−1,472.694$73,635→ 0 totalExercise: $0.00→ Common Stock (1,472.694 underlying) - Disposition to Issuer
Performance Restricted Stock
2018-03-26$50.00/sh−11,824.2$591,210→ 0 totalExercise: $0.00→ Common Stock (11,824.2 underlying) - Disposition to Issuer
Performance Option (right to buy)
2018-03-26$50.00/sh−77,065.2$3,853,260→ 0 totalExercise: $35.52→ Common Stock (77,065.2 underlying) - Other
Performance Restricted Stock Unit
2018-03-26+1,472.694→ 1,472.694 totalExercise: $0.00→ Common Stock (1,472.694 underlying) - Other
Performance Restricted Stock
2018-03-26+11,824.2→ 11,824.2 totalExercise: $0.00→ Common Stock (11,824.2 underlying)
Footnotes (9)
- [F1]These shares were disposed of in the merger described in the merger agreement, dated December 18, 2017, between Snyder's-Lance, Inc., Campbell Soup Company and Twist Merger Sub Inc. (the "Merger"), including certain restricted shares the vesting of which was accelerated in connection with the Merger.
- [F2]These options would have become exercisable in three (3) equal annual installments beginning 11/1/2017; however, vesting was accelerated in connection with the Merger.
- [F3]These options were cancelled in the Merger in exchange for the excess of $50 over the applicable per share exercise price of such option, per option.
- [F4]These options would have become exercisable in three (3) equal annual installments beginning 2/27/2018; however, vesting was accelerated in connection with the Merger.
- [F5]These Performance Options were granted August 31, 2017, subject to performance vesting conditions. Of the Performance Options granted, 77065.2 vested in connection with the Merger and were cancelled in connection with the Merger in exchange for the right to receive the excess of $50 over the applicable per share exercise price of such option, per option.
- [F6]Includes Restricted Stock Units attributable to acquisitions under the Dividend Reinvestment Plan.
- [F7]These Restricted Stock Units are the remaining Restricted Stock Units for a grant, which would have vested in three (3) equal annual installments beginning on 11/1/2017 and were cancelled in the Merger in exchange for a right to receive $50 per Restricted Stock Unit.
- [F8]These Performance Restricted Stock Units were granted February 27, 2017, subject to performance vesting conditions. Of the Performance Restricted Stock Units granted, 1,472.694 vested in connection with the Merger and were disposed of in connection with the Merger in exchange for a right to receive $50 per share. These Performance Restricted Stock Units were inadvertently reported as Restricted Stock Units subject to time vesting on Form 4 filed March 6, 2017.
- [F9]These shares of Performance Restricted Stock were granted August 31, 2017, subject to performance vesting conditions. Of the shares of Performance Restricted Stock granted, 11824.20 vested in connection with the Merger and were disposed of in connection with the Merger in exchange for a right to receive $50 per share.
Documents
Issuer
SNYDER'S-LANCE, INC.
CIK 0000057528
Entity typeother
Related Parties
1- filerCIK 0001515026
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 9:20 PM ET
- Size
- 27.4 KB