SMITHFIELD FOODS INC 4/A
4/A · SMITHFIELD FOODS INC · Filed Aug 11, 2011
Insider Transaction Report
Form 4/AAmended
MURPHY WENDELL H
Director
Transactions
- Award
Phantom Stock
2009-02-04$11.40/sh+1,447.368$16,500→ 17,316.031 total→ common stock (1,447.368 underlying)
Footnotes (3)
- [F1]1 for 1
- [F2]The phantom stock becomes payable in shares of Company common stock upon termination of service as a director either in a lump sum or in annual installments over a period of at least two years and not more than ten years as per the director's deferral election. Notwithstanding the foregoing, after termination of service, the phantom stock may, at the election of the director, be converted into one or more "deemed investments" approved by the Company's Nominating and Governance Committee.
- [F3]This Form 4/A is being filed to correct an erroneous initial filing as Mr. Murphy actually acquired 1447.3684 shares of phantom stock, instead of the previously reported 1271.9298 shares. The number of derivative securities owned in Column 9 has also been updated to reflect the total number of shares of phantom stock owned by Mr. Murphy on 2/6/2009. As of 8/11/2011, Mr. Murphy owns 33,166.3349 shares of phantom stock.