Garvey Mark A 4
4 · Sara Lee Corp · Filed Feb 2, 2011
Insider Transaction Report
Form 4
Garvey Mark A
Interim CFO
Transactions
- Award
Common stock
2011-01-31$16.97/sh+3,683$62,501→ 173,141 total - Award
Employee stock option (right to buy)
2011-01-31+14,942→ 14,942 totalExercise: $16.97From: 2013-08-31Exp: 2021-01-31→ Common stock (14,942 underlying)
Holdings
- 1,298(indirect: By 401(k))
Common stock
Footnotes (4)
- [F1]Restricted stock units ("RSUs") vest in full on August 31, 2013, subject to the reporting person's continued employment with Sara Lee through that date.
- [F2]Includes 98,180 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.
- [F3]Includes 195 shares acquired as a participant in a dividend reinvestment plan.
- [F4]Option vests in full on August 31, 2013, subject to the reporting person's continued employment with Sara Lee through that date.