Lupine seed pods
You can transplant the seedlings now, but you'll need to make sure to keep it well watered during the heat (generally, it is better to do transplanting in the early Fall since heat and drought stress the new plants).
Here is some good information about dealing with the seed pods. You can either plant them directly into the soil or start them earlier indoors with lights. http://homeguides.sfgate.com/start-lupine-seeds-38503.html