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MARZETTI CO Director's Dealing 2010

Mar 10, 2010

31063_dirs_2010-03-10_7325c5b7-c836-4071-bb2c-2e7310eab1a6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANCASTER COLONY CORP (LANC)
CIK: 0000057515
Period of Report: 2010-03-09

Reporting Person: ROSA BRUCE L (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-09 Common Stock M 2810 Acquired 3910 Direct
2010-03-09 Common Stock F 912 $59.06 Disposed 2998 Direct
2010-03-09 Common Stock M 1300 Acquired 4298 Direct
2010-03-09 Common Stock F 445 $59.06 Disposed 3853 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-02-27 Stock Apprecition Right $38.31 A 12000 Acquired 2013-02-27 Common Stock (12000) Direct
2009-02-25 Stock Appreciation Right $39.86 A 12000 Acquired 2014-02-25 Common Stock (12000) Direct
2010-02-24 Stock Appreciation Right $58.79 A 14000 Acquired 2015-02-24 Common Stock (14000) Direct
2010-03-09 Stock Appreciation Right $38.31 M 8000 Disposed 2013-02-27 Common Stock (8000) Direct
2010-03-09 Stock Appreciation Right $39.86 M 4000 Disposed 2014-02-25 Common Stock (4000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 47705 Indirect
Common Stock 10582.653 Indirect
Common Stock 666.1339 Indirect

Footnotes

F1: Reflects ESOP allocations that had occurred as of 6/30/08.

F2: Shares contributed by Lancaster Colony Corporation as a matching contribution under Lancaster Colony Corporation's 401(k) Plan as of 6/30/08.

F3: Stock appreciation rights awarded to Mr. Rosa pursuant to the 2005 Stock Plan. The rights vest ratably over a three-year period beginning on the first anniversary of the grant date and can be exercised up to five years from the grant date.

F4: Each Stock Appreciation Right represents the right to receive shares representing the spread between market price of $59.06 and base price of $38.31.

F5: Each Stock Appreciation Right represents the right to receive shares representing the spread between market price of $59.06 and base price of $39.86