MARZETTI CO — Director's Dealing 2016

May 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANCASTER COLONY CORP (LANC)
CIK: 0000057515
Period of Report: 2016-05-05

Reporting Person: Fell Douglas A. (Treas, VP, Asst Secy & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-05	Common Stock	M	6782.0000	$0.0000	Acquired	12056.0000	Direct
2016-05-05	Common Stock	F	616.0000	$121.4300	Disposed	11440.0000	Direct
2016-05-05	Common Stock	D	4883.0000	$121.4300	Disposed	6557.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-05	Stock Appreciation Right	$91.1300	M	4286.0000	Disposed	2020-02-24	Common Stock (4286.0000)	Direct
2016-05-05	Stock Appreciation Right	$89.2900	M	1246.0000	Disposed	2019-02-25	Common Stock (1246.0000)	Direct
2016-05-05	Stock Appreciation Right	$72.6700	M	1250.0000	Disposed	2018-02-26	Common Stock (1250.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000.0000	Indirect
Common Stock	1224.0000	Indirect

Footnotes

F1: Vests one-third per year begininng on the first anniversary of the date of grant.