SEBRING JOSEPH B 4
4 · SMITHFIELD FOODS INC · Filed Dec 17, 2012
Insider Transaction Report
Form 4
SEBRING JOSEPH B
President of John Morrell & Co
Transactions
- Exercise/Conversion
common stock, par value $.50
2012-12-13$13.30/sh+15,000$199,500→ 109,870 total - Exercise/Conversion
common stock, par value $.50
2012-12-13$15.43/sh+16,666$257,156→ 94,870 total - Sale
common stock, par value $.50
2012-12-13$22.53/sh−24,466$551,170→ 85,404 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-13−16,666→ 8,334 totalExercise: $15.43Exp: 2017-06-21→ common stock (16,666 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-13−15,000→ 0 totalExercise: $13.30Exp: 2016-07-06→ common stock (15,000 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.54 to $22.565, inclusive. The reporting person undertakes to provide to Smithfield Foods, Inc., any security holder of Smithfield Foods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The options vest ratably over three years beginning June 21, 2011. The remaining options will vest on June 21, 2013.
- [F3]The option vested in three equal annual installments beginning on July 6, 2010.