CAL MAINE FOODS INC 4
4 · CAL MAINE FOODS INC · Filed Aug 11, 2004
Insider Transaction Report
Form 4
RAINES B J
DirectorVP, CFO and Secretary
Transactions
- Sale
Common Stock
2004-08-10$10.43/sh−5,000$52,150→ 114,280 total
Holdings
- 28,332(indirect: By ESOP)
Common Stock
- 16,000
Stock appreciation right
Exercise: $1.50From: 2000-12-13Exp: 2009-12-13→ Common Stock (16,000 underlying) - 16,000
Option (right to buy)
Exercise: $1.50From: 2000-12-13Exp: 2009-12-13→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]This amount includes 75,000 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.