LEE SARA CORP 4
4 · LEE SARA CORP · Filed Aug 29, 2005
Insider Transaction Report
Form 4
NOLAN JAMES W
Executive Vice President
Transactions
- Award
common stock
2005-08-25$19.54/sh+23,030$450,006→ 44,977 total - Award
employee stock option (right to buy)
2005-08-25+78,301→ 78,301 totalExercise: $19.54From: 2006-08-25Exp: 2015-08-25→ common stock (78,301 underlying)
Footnotes (4)
- [F1]Award of restricted stock units (RSUs) that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest in three equal annual installments on August 31, 2006, 2007 and 2008, subject to continued employment with Sara Lee.
- [F2]Includes 44,830 restricted stock units that may be settled only for shares of common stock. Restricted stock units generally vest one to five years after the grant date and, upon vesting, are convertible into shares of common stock on a one-for-one basis.
- [F3]Includes 147 shares acquired as a participant in the Sara Lee Corporation employee stock purchase plan.
- [F4]Option vests in three equal annual installments on each of August 25, 2006, 2007 and 2008 and expires 10 years after the date of grant.