DENTON JOHN E 4
4 · SNYDER'S-LANCE, INC. · Filed Mar 28, 2018
Insider Transaction Report
Form 4
DENTON JOHN E
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-03-26$50.00/sh−4,065.365$203,268→ 0 totalExercise: $0.00→ Common Stock (4,065.365 underlying) - Disposition to Issuer
$.83-1/3 par value Common Stock
2018-03-26$50.00/sh−23,460$1,173,000→ 0 total
Footnotes (4)
- [F1]These shares were disposed of in the merger described in the merger agreement, dated December 18, 2017, among Snyder's-Lance, Inc., Campbell Soup Company and Twist Merger Sub Inc. (the "Merger").
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Snyder's-Lance, Inc. common stock.
- [F3]Includes 65.365 Restricted Stock Units attributable to acquisitions under the Dividend Reinvestment Plan.
- [F4]These Restricted Stock Units, which would have vested on May 10, 2018 and were deferred until the Reporting Person is no longer serving on the Snyder's-Lance, Inc. Board of Directors, were cancelled in the Merger in exchange for a right to receive $50 per Restricted Stock Unit.