4//SEC Filing
Cooper Michael L. 4
Accession 0001181431-12-013892
CIK 0000802481other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:42 PM ET
Size
7.6 KB
Accession
0001181431-12-013892
Insider Transaction Report
Form 4
Cooper Michael L.
Director
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share
2012-02-29$4.50/sh+7,689$34,601→ 44,789 total - Exercise of In-Money
Subscription Rights (right to buy)
2012-02-29−37,100→ 0 totalExercise: $4.50From: 2012-01-17Exp: 2012-02-29→ Common Stock, par value $0.01 per share (7,689 underlying)
Footnotes (2)
- [F1]The reporting person exercised in full their basic subscription rights (each subscription right entitling them to purchase 0.2072 shares of Pilgrim's Pride Corporation ("PPC") common stock, par value $0.01 per share, at a subscription price equal to $4.50 per share), issued pro rata to holders of PPC common stock on the January 17, 2012 record date for the rights offering, under the basic subscription privilege in the rights offering.(Continued to footnote 2)
- [F2]The reporting person will acquire these shares of common stock when issued by PPC at the closing of the rights offering. Pursuant to the over-subscription privilege in the rights offering, the reporting person may acquire additional shares or PPC's common stock in the rights offering on a pro rata basis based on the number of shares each over-subscribing stockholder purchased under the basic subscription privilege to the extent any shares offered in the rights offering are not purchased by PPC's stockholders as part of the basic subscription as of the expiration of the rights offering. Any such additional shares (once determined) will be reported by the reporting person on a subsequent Form 4.
Documents
Issuer
PILGRIMS PRIDE CORP
CIK 0000802481
Entity typeother
Related Parties
1- filerCIK 0001479851
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:42 PM ET
- Size
- 7.6 KB