David Alan Ciesinski - 06 Feb 2024 Form 4 Insider Report for LANCASTER COLONY CORP (LANC)

Role: President and CEO, Director
Signature: Patricia S. Callahan, Attorney-in-Fact
Issuer symbol: LANC
Transactions as of: 06 Feb 2024
Net transactions value: -$9,562,443
Form type: 4
Filing time: 08 Feb 2024, 16:36:19 UTC
Previous filing: 10 Oct 2023
Next filing: 27 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LANC	Common Stock	Options Exercise	$8,695,221	+56,569	+104%	$153.71	110,923	06 Feb 2024	Direct
transaction	LANC	Common Stock	Tax liability	$867,099	-4,486	-4%	$193.29	106,437	06 Feb 2024	Direct
transaction	LANC	Common Stock	Disposed to Issuer	$8,695,344	-44,986	-42%	$193.29	61,451	06 Feb 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LANC	Stock Appreciation Right	Options Exercise	$8,695,221	-56,569	-100%	$153.71	0	06 Feb 2024	Common Stock	56,569	$153.71	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vests one-third per year beginning on the first anniversary of the date of grant.