CAL MAINE FOODS INC 4
4 · CAL MAINE FOODS INC · Filed Jan 7, 2004
Insider Transaction Report
Form 4
RAINES B J
DirectorVP, CFO and Secretary
Transactions
- Exercise/Conversion
Option (right to buy)
2004-01-01−5,000→ 9,000 totalExercise: $3.00From: 2000-12-13Exp: 2009-12-13→ Common Stock (5,000 underlying) - Exercise/Conversion
Stock appreciation right
2004-01-01−5,000→ 9,000 totalExercise: $3.00From: 2000-12-13Exp: 2009-12-13→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2004-01-01$3.00/sh+10,000$30,000→ 151,340 total - Disposition to Issuer
Common Stock
2004-01-01$36.71/sh−5,000$183,550→ 146,340 total
Holdings
- 12,339(indirect: By ESOP)
Common Stock
Footnotes (2)
- [F1]This amount includes 120,000 shares held in the reporting person's IRA account.
- [F2]The stock option and stock appreciation right become exercisable to the extent of 20% on the above date and is cumulatively exercisable to the extent of 20% each year thereafter. The stock appreciation right and the stock option were granted in tandem. Accordingly, the exercise of the one results in the expiration of the other, if and to the extent the other is not exercised.