SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
HUGGINS LOIS M

(Last) (First) (Middle)
THREE FIRST NATIONAL PLAZA
70 W. MADISON STREET

(Street)
CHICAGO IL 60602-4260

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/29/2004
3. Issuer Name and Ticker or Trading Symbol
LEE SARA CORP [ SLE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
common stock 23,976(1) D
common stock 5,153.38 I By 401(k) Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
employee stock option (right to buy)(2) (3) 08/30/2005 common stock 1,334 $13.72 D
employee stock option (right to buy) (3) 08/28/2006 common stock 2,668 $16.03 D
employee stock option (right to buy) (3) 08/28/2007 common stock 10,000 $20.53 D
employee stock option (right to buy) (3) 08/28/2006 common stock 950 $30.985 D
employee stock option (right to buy) (3) 08/30/2005 common stock 932 $30.985 D
employee stock option (right to buy) (3) 08/27/2008 common stock 8,000 $24.03 D
employee stock option (right to buy) (3) 08/26/2009 common stock 8,000 $22.6563 D
employee stock option (right to buy) (3) 04/27/2010 common stock 20,000 $15.4688 D
employee stock option (right to buy) (3) 08/31/2010 common stock 5,000 $18.905 D
employee stock option (right to buy) 08/30/2002 08/30/2011 common stock 15,000 $21.875 D
employee stock option (right to buy) 08/29/2003 08/29/2012 common stock 7,500 $18.54 D
Explanation of Responses:
1. Includes 12,800 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.
2. Options generally vest in three equal annual installments and expire ten years after the date of grant. Restoration options, granted upon the exercise of existing options, have the same terms and conditions (including expiration date) as the options they replace.
3. Option is fully vested and immediately exercisable.
Remarks:
/s/ Helen N. Kaminski For Lois M. Huggins pursuant to power of attorney being filed herewith. 02/02/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.