SMITHFIELD FOODS INC 4
4 · SMITHFIELD FOODS INC · Filed Jun 18, 2013
Insider Transaction Report
Form 4
POPE C LARRY
DirectorPresident and C.E.O.
Transactions
- Tax Payment
common stock, par value $.50
2013-06-14$32.80/sh−59,625$1,955,700→ 656,666 total - Gift
common stock, par value $.50
2013-05-31−29,660→ 716,291 total
Footnotes (1)
- [F1]On June 14, 2011, the reporting person was granted 250,000 performance share units (PSUs) under the Company's 2008 Incentive Compensation Plan. Each PSU represented a contingent right to receive one share of common stock. As previously reported, on June 14, 2012 the pre-established performance goal for this award was met and 50% of the PSUs vested immediately. The remainder of PSUs vested on June 14, 2013. This filing is being made to report the shares of common stock surrendered back to the Company to satisfy tax withholding obligations related to the shares that vested on June 14, 2013.