4//SEC Filing
Prosser Ian Maurice Gray 4
Accession 0001209191-10-007735
CIK 0000023666other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 2:23 PM ET
Size
6.5 KB
Accession
0001209191-10-007735
Insider Transaction Report
Form 4
Prosser Ian Maurice Gray
Director
Transactions
- Award
Common stock
2010-02-08$12.45/sh+3,013$37,512→ 55,338 total
Footnotes (4)
- [F1]Grant constitutes compensation to the reporting person for serving on a special litigation committee of the Board of Directors with respect to a derivative lawsuit that recently was settled. The Board approved compensation for committee members, including the equity grant, at the first regular meeting of the Board after the derivative lawsuit was settled.
- [F2]Consists of restricted stock units (RSUs) which will vest on Februrary 8, 2011 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.
- [F3]Includes 46,450 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 six months after the reporting person ceases to be a director of Sara Lee.
- [F4]Includes 49 shares acquired as a participant in Sara Lee Corporation's dividend reinvestment plan.
Documents
Issuer
Sara Lee Corp
CIK 0000023666
Entity typeother
Related Parties
1- filerCIK 0001306494
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 2:23 PM ET
- Size
- 6.5 KB