CAL MAINE FOODS INC 4
4 · CAL MAINE FOODS INC · Filed Apr 26, 2005
Insider Transaction Report
Form 4
RAINES B J
DirectorVP, CFO and Secretary
Transactions
- Sale
Common Stock
2005-04-22$6.98/sh−5,000$34,900→ 69,680 total - Discretionary Transaction
Common Stock
2005-04-08+1,086→ 29,418 total(indirect: By ESOP)
Footnotes (3)
- [F1]The sale of these shares was effectuated in connection with a Rule 10b5-1 plan under which the reporting person will sell 5,000 shares at the market price at a pre-determined time on a monthly basis.
- [F2]This amount includes 30,000 shares held in the reporting person's IRA account.
- [F3]These shares were distributed in connection with the Company's ESOP 2004 year-end distribution to the reporting person's ESOP account. The year-end distribution was not effectuated until the first week of April 2005. The reporting person has voluntarily reported this acquisition since distributions into the reporting person's ESOP account are exempt from the reporting requirements of Section 16(a) of the Securities Exchange Act by virtue of Rule 16a-3(f).