4//SEC Filing
GODWIN JERRY H 4
Accession 0001181431-11-037544
CIK 0000091388other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 5:09 PM ET
Size
11.9 KB
Accession
0001181431-11-037544
Insider Transaction Report
Form 4
GODWIN JERRY H
President of Murphy-Brown, LLC
Transactions
- Award
common stock, par value $.50
2011-06-16+42,000→ 42,000 total - Tax Payment
common stock, par value $.50
2011-06-16$21.70/sh−5,943$128,963→ 36,057 total - Tax Payment
common stock, par value $.50
2011-06-16$21.70/sh−2,123$46,069→ 43,934 total - Award
common stock, par value $.50
2011-06-16+10,000→ 46,057 total - Award
Employee stock option (right to buy)
2011-06-20+20,000→ 20,000 totalExercise: $21.94Exp: 2018-06-20→ common stock (20,000 underlying)
Footnotes (3)
- [F1]On July 7, 2009, the reporting person was granted 42,000 performance share units (PSUs) under the Company's 2008 Incentive Compensation Plan. Each PSU represented a contingent right to receive one share of common stock. On June 16, 2011, the PSUs converted into 42,000 shares of common stock based on the achievement of the pre-established performance goal during the 2011 fiscal year. Of these shares, 33% have vested and 33% will vest on July 6, 2011. The remainder will vest on July 6, 2012.
- [F2]On June 15, 2010, the reporting person was granted 10,000 PSUs under the Company's 2008 Incentive Compensation Plan. Each PSU represented a contingent right to receive one share of common stock. On June 16, 2011, the PSUs converted into 10,000 shares of common stock based on the achievement of the pre-established performance goal during the 2011 fiscal year. Of these shares, 50% vested immediately. The remaining 50% will vest on June 15, 2012.
- [F3]The options vest ratably over three years beginning June 20, 2012.
Documents
Issuer
SMITHFIELD FOODS INC
CIK 0000091388
Entity typeother
Related Parties
1- filerCIK 0001187933
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 5:09 PM ET
- Size
- 11.9 KB