LEE SARA CORP 4
4 · LEE SARA CORP · Filed Jul 6, 2006
Insider Transaction Report
Form 4
COKER CHARLES W
Director
Transactions
- Award
Common Stock
2006-07-03$16.09/sh+4,660$75,003→ 25,815 total
Holdings
- 51,220(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Consists of restricted stock units (RSUs) granted for serving on the Board of Directors during fiscal year 2007. The RSUs will vest on July 2, 2007 and will be converted into shares of Sara Lee common stock on a one-for-one basis on the date six months after the reporting person ceases to be a director of Sara Lee.
- [F2]Includes 11,729 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, or six months after the reporting person ceases to be a director of Sara Lee, for other RSUs.