McAdam John D G 4
4 · Sara Lee Corp · Filed Jan 5, 2011
Insider Transaction Report
Form 4
McAdam John D G
Director
Transactions
- Award
Common stock
2011-01-03$17.48/sh+6,865$120,000→ 30,247 total
Footnotes (2)
- [F1]Consists of restricted stock units (RSUs) granted for serving on the Board of Directors during calendar year 2011. The RSUs will vest on January 3, 2012 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 30,247 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.