4//SEC Filing
SANDERSON WILLIAM R 4
Accession 0001181431-04-002424
CIK 0000812128other
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 7:11 PM ET
Size
18.3 KB
Accession
0001181431-04-002424
Insider Transaction Report
Form 4
SANDERSON WILLIAM R
Director
Transactions
- Exercise/Conversion
Employee Stock Options (Right to Buy)
2004-01-09−5,625→ 1,875 totalExercise: $7.19From: 2001-05-01Exp: 2010-04-30→ Common Stock (5,625 underlying) - Exercise/Conversion
Common Stock
2004-01-08$7.47/sh+5,625$42,012→ 216,727 total - Sale
Common Stock
2004-01-09$39.66/sh−475$18,837→ 220,002 total - Exercise/Conversion
Phantom Stock Rights
2004-01-08−5,625→ 1,875 totalExercise: $7.47From: 2001-04-24Exp: 2010-04-23→ Common Stock (5,625 underlying) - Exercise/Conversion
Employee Stock Options (Right to Buy)
2004-01-09−2,500→ 0 totalExercise: $13.00From: 1999-04-23Exp: 2008-04-22→ Common Stock (2,500 underlying) - Sale
Common Stock
2004-01-09$39.56/sh−6,800$268,980→ 211,102 total - Sale
Common Stock
2004-01-09$39.70/sh−2,500$99,250→ 220,477 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2004-01-09−3,750→ 3,750 totalExercise: $11.10From: 2002-04-27Exp: 2011-04-26→ Common Stock (3,750 underlying) - Exercise/Conversion
Common Stock
2004-01-09$13.00/sh+2,500$32,500→ 213,602 total - Exercise/Conversion
Common Stock
2004-01-09$11.10/sh+3,750$41,625→ 222,977 total - Disposition to Issuer
Common Stock
2004-01-08$39.97/sh−5,625$224,831→ 211,102 total - Exercise/Conversion
Common Stock
2004-01-09$7.19/sh+5,625$40,433→ 219,227 total - Sale
Common Stock
2004-01-09$39.70/sh−2,100$83,374→ 217,902 total
Holdings
- 28,134(indirect: By Children)
Common Stock
- 9,934(indirect: Allocated to the Reporting Persons account in Issuer ESOP.)
Common Stock
- 1,742,817(indirect: As co-executor of the Estate of Joe Frank Sanderson.)
Common Stock
Footnotes (4)
- [F1]Upon conversion of a Phantom Stock Right, the holder therof is entitled to receive an amount of cash equal to: (i) the number of shares of Phantom Stock converted times the fair market value per share of the Company's common stock on that date, less (ii) the number of shares of Phantom Stock converted times the exercise price per share. The Company's Audit Committee has approved the conversion of Phantom Stock Rights for cash by the Reporting Person as reported in this form.
- [F2]The Reporting Person disclaims beneficial ownership of these shares.
- [F3]Exercisable for a 10-year period, with vesting beginning on the date indicated, which was one year from the date of grant. Vesting continues thereafter at 25% per year on each anniversary date until fully vested.
- [F4]Reflects ESOP allocations that have been made since the date of the Reporting Persons last ownership report.
Documents
Issuer
SANDERSON FARMS INC
CIK 0000812128
Entity typeother
IncorporatedMS
Related Parties
1- filerCIK 0001054610
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 7:11 PM ET
- Size
- 18.3 KB