Prosser Ian Maurice Gray 4
4 · Sara Lee Corp · Filed Jul 8, 2011
Insider Transaction Report
Form 4
Prosser Ian Maurice Gray
Director
Transactions
- Award
Common stock
2011-07-06$19.43/sh+3,074$59,728→ 65,974 total
Footnotes (3)
- [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]Includes 56,890 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.
- [F3]Includes 34 shares acquired as a participant in a dividend reinvestment plan.