Lovette William W 5
5 · PILGRIMS PRIDE CORP · Filed Mar 27, 2020
Insider Transaction Report
Form 5
Lovette William W
CEO and President
Transactions
- Award
Common Stock, par value $0.01 per share
2019-02-13+29,708→ 560,172 total - Sale
Common Stock, par value $0.01 per share
2019-03-22−25,490→ 504,974 total - Award
Common Stock, par value $0.01 per share
2018-03-01+38,236→ 530,464 total - Sale
Common Stock, par value $0.01 per share
2019-03-22−29,708→ 530,464 total
Footnotes (3)
- [F1]Represents restricted stock units vesting ratably over three years on 12/31/2018, 12/31/2019, and 12/31/2020. Each restricted stock unit represents a contingent right to receive one share of PPC common stock.
- [F2]Represents shares earned pursuant to performance-based restricted stock units on February 13, 2019 (the date that the compensation committee certified satisfaction of the underlying performance metrics), vesting ratably over three years on 12/31/2019, 12/31/2020, and 12/31/2021. Each restricted stock unit represents a contingent right to receive one share of PPC common stock.
- [F3]Represents forfeiture of unvested restricted stock units upon retirement of the reporting person, effective March 31, 2019.