LEE SARA CORP 4
4 · LEE SARA CORP · Filed Jul 5, 2006
Insider Transaction Report
Form 4
VAN LEDE CORNELIS J A
Director
Transactions
- Tax Payment
common stock
2006-06-30$16.11/sh−780$12,566→ 13,346 total
Footnotes (2)
- [F1]Represents shares of common stock withheld by Sara Lee to satisfy the reporting person's tax liability incurred upon the vesting of restricted stock units.
- [F2]Includes 7,191 RSUs that may be settled only for shares of common stock. RSUs vest one year after the grant date and, on the settlement date, are convertible into shares of common stock on a one-for-one basis. The settlement date is either three years after the date of grant, for RSUs granted before July 2005, and six months after the reporting person ceases to be a director of Sara Lee, for other RSUs.