SMITHFIELD FOODS INC 4
4 · SMITHFIELD FOODS INC · Filed Aug 20, 2013
Insider Transaction Report
Form 4
POPE C LARRY
DirectorPresident and C.E.O.
Transactions
- Tax Payment
common stock, par value $.50
2013-08-16$33.38/sh−3,816$127,378→ 649,850 total - Exercise/Conversion
Performance share Units
2013-08-16−8,000→ 24,000 totalExercise: $0.00Exp: 2013-06-16→ common stock (8,000 underlying) - Gift
common stock, par value $.50
2013-07-01−4,000→ 652,666 total - Gift
common stock, par value $.50
2013-07-05−7,000→ 645,666 total - Exercise/Conversion
common stock, par value $.50
2013-08-16+8,000→ 653,666 total
Footnotes (2)
- [F1]Each performance share unit represents a contingent right to receive one share of Smithfield common stock. The performance share units vest in 20% increments once the volume-weighted average of the closing price of Smithfield's common stock for 15 consecutive trading days equals or exceeds $26, $32, $38, $44 and $50.
- [F2]The performance period expired on June 16, 2013. The applicable performance condition was satisfied on June 4, 2013.