Home/Filings/4/0001181431-12-017370
4//SEC Filing

PILGRIM LONNIE A 4

Accession 0001181431-12-017370

CIK 0000802481other

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 6:52 PM ET

Size

13.0 KB

Accession

0001181431-12-017370

Insider Transaction Report

Form 4
Period: 2012-03-12
PILGRIM LONNIE A
DirectorSenior Chairman of the Board10% Owner
Transactions
  • Sale

    Common Stock

    2012-03-12$5.69/sh110,561$629,0920 total(indirect: By Trust)
  • Sale

    Common Stock

    2012-03-12$5.69/sh15,114,575$86,001,9320 total(indirect: By Pilgrim Interests, Ltd.)
  • Sale

    Common Stock

    2012-03-12$5.69/sh3,505,727$19,947,5870 total
  • Sale

    Common Stock

    2012-03-12$5.69/sh83,016$472,3610 total(indirect: By PFCP, Ltd.)
  • Sale

    Common Stock

    2012-03-12$5.69/sh110,559$629,0810 total(indirect: By Trust)
Holdings
  • Common Stock

    (indirect: By UGMA)
    3,235
  • Common Stock

    (indirect: By Trust)
    176.009
Footnotes (2)
  • [F1]On March 12, 2012, Mr. Pilgrim entered into a Stock Purchase Agreement among JBS USA Holdings, Inc. ("JBS USA"), Pilgrim Interests, Ltd., Mr. Pilgrim, the trustees of both Pilgrim Family Trust I and Pilgrim Family Trust II, and PFCP, Ltd. (collectively, the "Pilgrim Seller Parties") pursuant to which JBS USA will acquire an aggregate 18,924,438 shares of common stock of Pilgrim's Pride Corporation from the Pilgrim Seller Parties. The closing of the transaction is expected to occur on March 26, 2012.
  • [F2]The number of shares beneficially owned by Lonnie A. "Bo" Pilgrim includes shares of common stock held by family trusts, employee benefit trust, family limited partnerships and wife. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Issuer

PILGRIMS PRIDE CORP

CIK 0000802481

Entity typeother

Related Parties

1
  • filerCIK 0001256662

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 6:52 PM ET
Size
13.0 KB