Home/Filings/4/0001181431-04-002424
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
Period: 2004-01-08
Transactions
  • Exercise/Conversion

    Employee Stock Options (Right to Buy)

    2004-01-095,6251,875 total
    Exercise: $7.19From: 2001-05-01Exp: 2010-04-30Common Stock (5,625 underlying)
  • Exercise/Conversion

    Common Stock

    2004-01-08$7.47/sh+5,625$42,012216,727 total
  • Sale

    Common Stock

    2004-01-09$39.66/sh475$18,837220,002 total
  • Exercise/Conversion

    Phantom Stock Rights

    2004-01-085,6251,875 total
    Exercise: $7.47From: 2001-04-24Exp: 2010-04-23Common Stock (5,625 underlying)
  • Exercise/Conversion

    Employee Stock Options (Right to Buy)

    2004-01-092,5000 total
    Exercise: $13.00From: 1999-04-23Exp: 2008-04-22Common Stock (2,500 underlying)
  • Sale

    Common Stock

    2004-01-09$39.56/sh6,800$268,980211,102 total
  • Sale

    Common Stock

    2004-01-09$39.70/sh2,500$99,250220,477 total
  • Exercise/Conversion

    Employee Stock Options (Right to Buy)

    2004-01-093,7503,750 total
    Exercise: $11.10From: 2002-04-27Exp: 2011-04-26Common Stock (3,750 underlying)
  • Exercise/Conversion

    Common Stock

    2004-01-09$13.00/sh+2,500$32,500213,602 total
  • Exercise/Conversion

    Common Stock

    2004-01-09$11.10/sh+3,750$41,625222,977 total
  • Disposition to Issuer

    Common Stock

    2004-01-08$39.97/sh5,625$224,831211,102 total
  • Exercise/Conversion

    Common Stock

    2004-01-09$7.19/sh+5,625$40,433219,227 total
  • Sale

    Common Stock

    2004-01-09$39.70/sh2,100$83,374217,902 total
Holdings
  • Common Stock

    (indirect: By Children)
    28,134
  • Common Stock

    (indirect: Allocated to the Reporting Persons account in Issuer ESOP.)
    9,934
  • Common Stock

    (indirect: As co-executor of the Estate of Joe Frank Sanderson.)
    1,742,817
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.

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