4//SEC Filing
George Jeffrey W 4
Accession 0001209191-12-046033
CIK 0000023666other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 5:24 PM ET
Size
5.8 KB
Accession
0001209191-12-046033
Insider Transaction Report
Form 4
George Jeffrey W
SVP, Research & Development
Transactions
- Award
common stock
2012-09-14+1,165→ 6,046 total
Footnotes (2)
- [F1]Represents restricted stock units (RSUs) granted upon conversion of performance stock units (PSUs). In anticipation of the spin-off of its international coffee and tea business that was completed on June 28, 2012, in fiscal 2012 the company granted PSUs under its FY12-14 long-term equity incentive program with a value equal to one-third of the annual grant amount. These PSUs were converted into RSUs to the extent the company achieved a one-year operating income target for fiscal 2012. The RSUs will settle and be converted into shares of common stock, on a one-for-one basis, on August 31, 2014, subject to the reporting person's continued employment through that date.
- [F2]Includes 1,165 RSUs that will be converted into shares of common stock, on a one-for-one basis, upon vesting.
Documents
Issuer
Hillshire Brands Co
CIK 0000023666
Entity typeother
Related Parties
1- filerCIK 0001553768
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 5:24 PM ET
- Size
- 5.8 KB