Home/Filings/4/0001209191-10-044327
4//SEC Filing

Smits Marcel H.M. 4

Accession 0001209191-10-044327

CIK 0000023666other

Filed

Aug 29, 8:00 PM ET

Accepted

Aug 30, 12:24 PM ET

Size

10.1 KB

Accession

0001209191-10-044327

Insider Transaction Report

Form 4
Period: 2010-08-26
Transactions
  • Award

    Common stock

    2010-08-26$14.64/sh+13,662$200,01284,127 total
  • Award

    Common stock

    2010-08-26$14.64/sh+23,054$337,511107,181 total
  • Award

    Employee stock option (right to buy)

    2010-08-26+106,630106,630 total
    Exercise: $14.64From: 2013-08-31Exp: 2020-08-26Common stock (106,630 underlying)
Footnotes (4)
  • [F1]One time grant of common stock in recognition of additional responsibilities the reporting person assumed since the departure of the company's chief executive officer in May 2010.
  • [F2]Consists of restricted stock units ("RSUs") that vest in full on August 31, 2013, subject to the reporting person's continued employment with Sara Lee through that date.
  • [F3]Includes 78,519 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 based on the reporting person's continued employment through the vesting period.
  • [F4]Option vests in full on August 31, 2013, subject to the reporting person's continued employment with Sara Lee through that date.

Issuer

Sara Lee Corp

CIK 0000023666

Entity typeother

Related Parties

1
  • filerCIK 0001474052

Filing Metadata

Form type
4
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 12:24 PM ET
Size
10.1 KB