Sec Form 4 Filing - SINGER DAVID V @ SNYDER'S-LANCE, INC. - 2012-02-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SINGER DAVID V
2. Issuer Name and Ticker or Trading Symbol
SNYDER'S-LANCE, INC. [ LNCE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
13024 BALLANTYNE CORPORATE PL., STE. 900
3. Date of Earliest Transaction (MM/DD/YY)
02/17/2012
(Street)
CHARLOTTE, NC28277
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
$.83-1/3 par value Common Stock 02/17/2012 S 27,400 D $ 21.9554 ( 1 ) 179,194 D
$.83-1/3 par value Common Stock 3,000 ( 2 ) D
$.83-1/3 par value Common Stock 27,426 ( 3 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) ( 4 ) $ 17.38 02/08/2007( 7 ) 02/08/2016 Common Stock 83,652 83,652 D
Option (right to buy) ( 5 ) $ 17.43 03/08/2008( 8 ) 03/08/2017 Common Stock 100,000 100,000 D
Option (right to buy) ( 6 ) $ 19.44 02/23/2010( 8 ) 02/23/2019 Common Stock 92,196 92,196 D
Option (right to buy) ( 6 ) $ 19.71 12/02/2010( 8 ) 02/25/2020 Common Stock 85,287 85,287 D
Option (right to buy) ( 6 ) $ 17.32 02/23/2012( 9 ) 02/23/2021 Common Stock 103,260 103,260 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SINGER DAVID V
13024 BALLANTYNE CORPORATE PL.
STE. 900
CHARLOTTE, NC28277
X CEO
Signatures
David V. Singer by /s/ A. Zachary Smith III, his Attorney-In-Fact 02/21/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Price shown is the weighted average. Shares sold in multiple transactions ranging from $21.88-$22.05. Detailed information regarding the number of shares sold at each separate price is available to the Commission upon request.
( 2 )Shares issued pursuant to the Lance, Inc. 2003 Director Stock Plan, a Rule 16b-3 Plan.
( 3 )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.
( 4 )Options granted pursuant to the 2003 Key Employee Stock Plan, a Rule 16b-3 Plan.
( 5 )Options granted pursuant to the 2003 Key Employee Stock Plan, as amended, a Rule 16b-3 Plan.
( 6 )Options granted pursuant to the 2007 Key Employee Incentive Plan, a Rule 16b-3 Plan.
( 7 )Options are fully exercisable.
( 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.

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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