SMITHFIELD FOODS INC 4
4 · SMITHFIELD FOODS INC · Filed Aug 20, 2013
Insider Transaction Report
Form 4
SCHELLPEPER TIMOTHY O.
Pres., Smithfield Packing Co.
Transactions
- Exercise/Conversion
common stock, par value $.50
2013-08-16+2,000→ 47,882 total - Exercise/Conversion
Performance share Units
2013-08-16−2,000→ 6,000 totalExercise: $0.00Exp: 2013-06-16→ common stock (2,000 underlying) - Tax Payment
common stock, par value $.50
2013-08-16$33.38/sh−954$31,845→ 46,928 total
Holdings
- 680.961(indirect: By 401(k))
common stock, par value $.50
Footnotes (2)
- [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.
- [F2]The performance period expired on June 16, 2013. The applicable performance condition was satisfied on June 4, 2013.