LEE SARA CORP 4
4 · LEE SARA CORP · Filed Feb 11, 2005
Insider Transaction Report
Form 4
DEKOOL L M THEO
Executive Vice President, CFO
Transactions
- Award
common stock
2005-02-09$23.12/sh+156,965$3,629,031→ 339,960 total
Holdings
- 504(indirect: By 401(k))
common stock
Footnotes (2)
- [F1]Award of restricted stock units that may be settled only for shares of common stock. 50% of these restricted stock units will vest in full on January 27, 2010, subject to continued employment with Sara Lee through such date. 50% of these restricted stock units will vest on January 27, 2010 if and to the extent certain predetermined performance targets have been achieved, such as completion of the sale or spin-off of certain indentified Sara Lee businesses and completion of other elements of Sara Lee's transformation plan. Upon vesting, the restricted stock units will be converted into shares of common stock on a one-for-one basis.
- [F2]Includes 100 shares acquired as a participant in Sara Lee Corporation's dividend reinvestment plan.