SCHELLPEPER TIMOTHY O. 4
4 · SMITHFIELD FOODS INC · Filed May 21, 2013
Insider Transaction Report
Form 4
SCHELLPEPER TIMOTHY O.
Pres., Smithfield Packing Co.
Transactions
- Exercise/Conversion
Performance share Units
2013-05-17−2,000→ 8,000 totalExercise: $0.00Exp: 2013-06-16→ common stock (2,000 underlying) - Exercise/Conversion
common stock, par value $.50
2013-05-17+2,000→ 25,824 total
Holdings
- 879.6(indirect: By 401(k))
common stock, par value $.50
Footnotes (1)
- [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.