NOLAN JAMES W 4
4 · Sara Lee Corp · Filed Feb 1, 2010
Insider Transaction Report
Form 4
NOLAN JAMES W
Executive Vice President
Transactions
- Award
Common stock
2010-01-28$12.17/sh+22,574$274,726→ 175,002 total - Award
Employee stock option (right to buy)
2010-01-28+179,444→ 179,444 totalExercise: $12.17From: 2012-08-31Exp: 2020-01-28→ Common stock (179,444 underlying)
Holdings
- 1,816(indirect: By 401(k))
Common stock
Footnotes (4)
- [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 113,155 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]Includes 5 shares acquired as a participant in Sara Lee Corporation's dividend reinvestment plan.
- [F4]Option vests in full on August 31, 2012, subject to the reporting person's continued employment with Sara Lee through that date.