0001181431-11-037552.txt : 20110620
0001181431-11-037552.hdr.sgml : 20110620
20110620171249
ACCESSION NUMBER: 0001181431-11-037552
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110616
FILED AS OF DATE: 20110620
DATE AS OF CHANGE: 20110620
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: POPE C LARRY
CENTRAL INDEX KEY: 0001187935
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15321
FILM NUMBER: 11921561
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SMITHFIELD FOODS INC
CENTRAL INDEX KEY: 0000091388
STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011]
IRS NUMBER: 520845861
STATE OF INCORPORATION: VA
FISCAL YEAR END: 0427
BUSINESS ADDRESS:
STREET 1: 200 COMMERCE STREET
STREET 2: EXECUTIVE OFFICE BUILDING
CITY: SMITHFIELD
STATE: VA
ZIP: 23430
BUSINESS PHONE: 7573653000
MAIL ADDRESS:
STREET 1: 200 COMMERCE STREET
STREET 2: EXECUTIVE OFFICE BUILDING
CITY: SMITHFIELD
STATE: VA
ZIP: 23430
FORMER COMPANY:
FORMER CONFORMED NAME: LIBERTY EQUITIES CORP
DATE OF NAME CHANGE: 19710221
FORMER COMPANY:
FORMER CONFORMED NAME: LIBERTY REAL ESTATE TRUST
DATE OF NAME CHANGE: 19661113
4
1
rrd315720.xml
FORM 4: PSUS AND OPTIONS
X0303
4
2011-06-16
0
0000091388
SMITHFIELD FOODS INC
SFD
0001187935
POPE C LARRY
C/O 200 COMMERCE STREET
SMITHFIELD
VA
23430
1
1
0
0
President and C.E.O.
Common stock, par value $.50
2011-06-16
4
A
0
300000
0
A
537000
D
Common stock, par value $.50
2011-06-16
4
F
0
42200
21.70
D
494800
D
Common stock, par value $.50
2011-06-16
4
A
0
200000
0
A
694800
D
Common stock, par value $.50
2011-06-16
4
F
0
42200
21.70
D
652600
D
Employee stock option (right to buy)
21.94
2011-06-20
4
A
0
100000
0
A
2018-06-20
common stock
100000
100000
D
On July 7, 2009, the reporting person was granted 300,000 performance share units (PSUs) under the Company's 2008 Incentive Compensation Plan. Each PSU represented a contingent right to receive one share of common stock. On June 16, 2011, the PSUs converted into 300,000 shares of common stock based on the achievement of the pre-established performance goal during the 2011 fiscal year. Of these shares, 33% have vested and 33% will vest on July 6, 2011. The remainder will vest on July 6, 2012.
On June 15, 2010, the reporting person was granted 200,000 PSUs under the Company's 2008 Incentive Compensation Plan. Each PSU represented a contingent right to receive one share of common stock. On June 16, 2011, the PSUs converted into 200,000 shares of common stock based on the achievement of the pre-established performance goal during the 2011 fiscal year. Of these shares, 50% vested immediately. The remaining 50% will vest on June 15, 2012.
The options vest ratably over three years beginning June 20, 2012.
/s/Michael H. Cole, as attorney in fact
2011-06-20