Sara Lee Corp 4
4 · Sara Lee Corp · Filed Jul 5, 2007
Insider Transaction Report
Form 4
RIDGWAY ROZANNE L
Director
Transactions
- Award
common stock
2007-07-02$17.46/sh+2,292$40,018→ 39,379 total
Footnotes (2)
- [F1]Consists of restricted stock units (RSUs) granted for serving on the Board of Directors, and on one or more Committees of the Board, during the first six months of fiscal year 2008. The RSUs will vest on July 1, 2008 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 16,573 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.