McAdam John D G 4
4 · Sara Lee Corp · Filed Jul 8, 2011
Insider Transaction Report
Form 4
McAdam John D G
Director
Transactions
- Award
Common stock
2011-07-06$19.43/sh+1,034$20,091→ 31,281 total
Footnotes (2)
- [F1]Consists of restricted stock units (RSUs) acquired in the company's dividend reivenstment plan with accrued dividend equivalents. The RSUs 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]Consists of 31,281 RSUs that may be settled only for shares of common stock. RSUs generally 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.