MARZETTI CO — Director's Dealing 2011

May 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANCASTER COLONY CORP (LANC)
CIK: 0000057515
Period of Report: 2011-05-11

Reporting Person: ROSA BRUCE L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-10	Common Stock	M	1496	—	Acquired	2987	Direct
2011-05-10	Common Stock	F	485	$61.21	Disposed	2502	Direct
2011-05-10	Common Stock	M	1395	—	Acquired	3897	Direct
2011-05-10	Common Stock	F	452	$61.21	Disposed	3445	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 (4000)	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
2011-02-22	Stock Appreciation Right	$57.78	A	15000	Acquired	2016-02-22	Common Stock (15000)	Direct
2011-05-10	Stock Appreciation Right	$38.31	M	4000	Disposed	2013-02-27	Common Stock (4000)	Direct
2011-05-10	Stock Appreciation Right	$39.86	M	4000	Disposed	2013-02-25	Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50458	Indirect
Common Stock	10795.4341	Indirect
Common Stock	731.5238	Indirect

Footnotes

F1: Reflects ESOP allocations that had occurred as of 6/30/10.

F2: Shares contributed by Lancaster Colony Corporation as a matching contribution under Lancaster Colony Corporation's 401(k) Plan as of 6/30/10.

F3: Each Stock Appreciation Right represents the right to receive shares representing the spread between market price of $61.21 and base price of $38.31.

F4: Each Stock Appreciation Right represents the right to receive shares representing the spread between market price of $61.21 and base price of $39.86.