LEE SARA CORP 4
4 · LEE SARA CORP · Filed Aug 29, 2005
Insider Transaction Report
Form 4
SZYPULSKI WAYNE R
Sr. Vice President, Controller
Transactions
- Award
common stock
2005-08-25$19.54/sh+19,191$374,992→ 254,883 total - Award
employee stock option (right to buy)
2005-08-25+65,251→ 65,251 totalExercise: $19.54From: 2006-08-25Exp: 2015-08-25→ common stock (65,251 underlying)
Holdings
- 6,831(indirect: By 401(k))
common stock
Footnotes (4)
- [F1]Award of restricted stock units (RSUs) that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest in three equal annual installments on August 31, 2006, 2007 and 2008, subject to continued employment with Sara Lee.
- [F2]Includes 277 shares acquired as a participant in the Sara Lee Corporation employee stock purchase plan.
- [F3]Includes 93,417 restricted stock units that may be settled only for shares of common stock. Restricted stock units generally vest one to five years after the grant date and, upon vesting, are convertible into shares of common stock on a one-for-one basis.
- [F4]Option vests in three equal annual installments on each of August 25, 2006, 2007 and 2008 and expires 10 years after the date of grant.