|4Apr 5, 5:01 PM ET

BARKLEY MICHAEL J. 4

4 · PINNACLE FOODS INC. · Filed Apr 5, 2018

Insider Transaction Report

Form 4
Period: 2018-04-03
Transactions
  • Tax Payment

    Common Stock, par value $0.01

    2018-04-03$54.10/sh2,496$135,03412,851 total
  • Exercise/Conversion

    Performance Shares

    2018-04-037,9920 total
    From: 2018-04-03Exp: 2018-04-03Common Stock, par value $0.01 (7,992 underlying)
  • Exercise/Conversion

    Common Stock, par value $0.01

    2018-04-03+7,99215,347 total
Footnotes (4)
  • [F1]On April 1, 2015, the Reporting Person was awarded 5,328 target performance shares with a three-year performance period ending March 31, 2018 pursuant to the Pinnacle Foods Inc. (the "Company") 2013 Omnibus Incentive Plan. On April 3, 2018, the Compensation Committee of the Board of Directors approved a payout of 150% of the target performance shares under the performance standards set in 2015, based on the relative Total Shareholder Return ("TSR") of the Company as compared to the TSR of each of the companies in the Company's peer group over the period beginning April 1, 2015 and ending March 31, 2018. On April 3, 2018, the Reporting Person acquired 7,992 shares of the Company's common stock ("shares") upon the vesting of the performance shares.
  • [F2]Each performance share represents a contingent right to receive one share. The Reporting Person received one share for each performance share that vested.
  • [F3]2,496 shares were withheld automatically in order to satisfy the tax liability that arose upon vesting of the performance shares.
  • [F4]Reflects the closing price of the shares on March 29, 2018.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION