Garvey Mark A 4
4 · Sara Lee Corp · Filed Sep 2, 2011
Insider Transaction Report
Form 4
Garvey Mark A
Interim CFO
Transactions
- Tax Payment
Common stock
2011-08-31$18.04/sh−11,452$206,594→ 149,689 total
Holdings
- 1,316(indirect: By 401(k))
Common stock
Footnotes (2)
- [F1]Represents shares of common stock withheld by Sara Lee to satisfy the reporting person's tax liability incurred upon the vesting of RSUs.
- [F2]Includes 54,796 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.