Janssen Vincent HAM 4
4 · Sara Lee Corp · Filed Aug 31, 2009
Insider Transaction Report
Form 4
Janssen Vincent HAM
Executive Vice President
Transactions
- Award
Common stock
2009-08-27$9.79/sh+40,859$400,010→ 157,514 total
Holdings
- 31,915(indirect: By Spouse)
Common stock
Footnotes (3)
- [F1]Consists of restricted stock units ("RSUs") that vest in full on August 31, 2012, subject to the reporting person's continued employment with Sara Lee through that date.
- [F2]Includes 132,036 RSUs that may be settled only for shares of common stock. RSUs 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. RSUs vest either based on the reporting person's continued employment through the vesting period, or to the extent predetermined performance targets are achieved.
- [F3]Consists of shares of common stock owned by the reporting person's spouse. Amount previously reported included 48,706 RSUs that lapsed and were cancelled prior to vesting.