Black Charles L 4
4 · PILGRIMS PRIDE CORP · Filed Dec 30, 2009
Insider Transaction Report
Form 4
Black Charles L
Director
Transactions
- Disposition to Issuer
Common Stock
2009-12-28−500→ 0 total - Award
Common Stock
2009-12-28+500→ 500 total
Footnotes (1)
- [F1]Pursuant to the joint plan of reorganization (the "Plan") of Pilgrim's Pride Corporation, a Delaware corporation (the "Company"), and its wholly-owned subsidiaries, PFS Distribution Company, PPC Transportation Company, To-Ricos, Ltd., To-Ricos Distribution, Ltd., Pilgrim's Pride Corporation of West Virginia, Inc., and PPC Marketing, Ltd.,which was approved by the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division, the common stock, par value $0.01 per share, of the Company, was cancelled upon the Company's emergence from bankruptcy on December 28, 2009 and converted into the right to receive the same number of shares of common stock the Company issued pursuant to the Plan.