0001209191-11-046458.txt : 20110902
0001209191-11-046458.hdr.sgml : 20110902
20110902131354
ACCESSION NUMBER: 0001209191-11-046458
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110831
FILED AS OF DATE: 20110902
DATE AS OF CHANGE: 20110902
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: van Oers Frank
CENTRAL INDEX KEY: 0001406893
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03344
FILM NUMBER: 111073012
MAIL ADDRESS:
STREET 1: C/O SARA LEE CORPORATION
STREET 2: 3500 LACEY ROAD
CITY: DOWNERS GROVE
STATE: IL
ZIP: 60515
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sara Lee Corp
CENTRAL INDEX KEY: 0000023666
STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000]
IRS NUMBER: 362089049
STATE OF INCORPORATION: MD
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 3500 LACEY ROAD
CITY: DOWNERS GROVE
STATE: IL
ZIP: 60515
BUSINESS PHONE: 6305986000
MAIL ADDRESS:
STREET 1: 3500 LACEY ROAD
CITY: DOWNERS GROVE
STATE: IL
ZIP: 60515
FORMER COMPANY:
FORMER CONFORMED NAME: LEE SARA CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: CONSOLIDATED FOODS CORP
DATE OF NAME CHANGE: 19850402
FORMER COMPANY:
FORMER CONFORMED NAME: CONSOLIDATED GROCERD CORP
DATE OF NAME CHANGE: 19731220
4
1
doc4.xml
FORM 4 SUBMISSION
X0304
4
2011-08-31
0
0000023666
Sara Lee Corp
SLE
0001406893
van Oers Frank
C/O SARA LEE INTERNATIONAL
VLEUTENSEVAART 100
3532 AD UTRECHT
P7
0000
NETHERLANDS
0
1
0
0
Executive Vice President
Common stock
2011-08-31
4
A
0
85865
0.00
A
244050
D
Common stock
2011-08-31
4
F
0
47205
18.04
D
196845
D
Represents shares of common stock issued upon the vesting of fiscal 2009 to 2011 performance-based restricted stock units ("PSUs"). The PSUs were eligible for vesting and conversion into common stock only if Sara Lee achieved certain specified levels of total stockholder return ("TSR") (i.e., stock price appreciation plus reinvested dividends), relative to a group of peer companies, over the three-year performance period. Depending upon Sara Lee's relative TSR, possible payouts ranged from 0% to 200% of the original PSU grant. Based on Sara Lee's actual TSR results over the three-year cumulative period ending with fiscal 2011 relative to the peer group, 160% of the original PSU grant vested and were converted into common stock on August 31, 2011.
Represents shares of common stock withheld by Sara Lee to satisfy the reporting person's tax liability incurred upon the vesting of PSUs and RSUs.
Includes 85,180 RSUs that may be settled only for shares of common stock. RSUs 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. RSUs vest based on the reporting person's continued employment through the vesting period.
/s/ Helen N. Kaminski for Frank van Oers pursuant to power of attorney previously filed.
2011-09-02