0001209191-13-045900.txt : 20130927
0001209191-13-045900.hdr.sgml : 20130927
20130927124558
ACCESSION NUMBER: 0001209191-13-045900
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120607
FILED AS OF DATE: 20130927
DATE AS OF CHANGE: 20130927
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: 0428
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SULLIVAN KENNETH M
CENTRAL INDEX KEY: 0001405180
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15321
FILM NUMBER: 131118921
BUSINESS ADDRESS:
BUSINESS PHONE: 757-365-3000
MAIL ADDRESS:
STREET 1: 200 COMMERCE STREET
CITY: SMITHFIELD
STATE: VA
ZIP: 23430
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2012-06-07
1
0000091388
SMITHFIELD FOODS INC
SFD
0001405180
SULLIVAN KENNETH M
200 COMMERCE ST.
SMITHFIELD
VA
23430
0
1
0
0
Sr. Vice President & C.A.O.
common stock, par value $.50
2012-06-07
4
A
0
12646
0.00
A
20088
D
common stock, par value $.50
2013-09-26
4
D
0
20088
34.00
D
0
D
common stock, par value $.50
2013-09-26
4
D
0
565.74
34.00
D
0
I
By 401(K) Plan
Employee Stock Option (right to buy)
20.67
2013-09-26
4
D
0
20000
13.33
D
2019-06-18
common stock
20000
0
D
Employee Stock Option (right to buy)
21.94
2013-09-26
4
D
0
25000
12.06
D
2018-06-20
common stock
25000
0
D
Employee Stock Option (right to buy)
15.43
2013-09-26
4
D
0
15000
18.57
D
2017-06-21
common stock
15000
0
D
Employee Stock Option (right to buy)
13.30
2013-09-26
4
D
0
10000
20.70
D
2016-07-06
common stock
10000
0
D
Employee Stock Option (right to buy)
23.75
2013-09-26
4
D
0
7500
10.25
D
2013-06-16
2018-06-16
common stock
7500
0
D
Employee Stock Option (right to buy)
32.40
2013-09-26
4
D
0
5000
1.60
D
2012-06-11
2017-06-11
common stock
5000
0
D
Employee Stock Option (right to buy)
31.86
2013-09-26
4
D
0
2000
2.14
D
2010-06-02
2015-06-02
common stock
2000
0
D
Performance Share Units
2013-09-26
4
A
0
30000
0.00
A
common stock
30000
30000
D
Performance Share Units
2013-09-26
4
D
0
30000
34.00
D
common stock
30000
0
D
Includes 6,323 shares of restricted stock units (RSUs) the reporting person elected to receive on a deferred basis in lieu of a portion of his 2012 annual cash incentive award pursuant to the Company's Executive Stock Purchase Plan. Also includes 6,323 RSUs representing the Company match on such deferral, subject to three year cliff-vesting.
Reflects the total number of shares as of immediately prior to the transaction reported on the line below.
Pursuant to the merger agreement, dated as of May 28, 2013, among Smithfield Foods, Inc., Shuanghui International Holdings Limited and Sun Merger Sub, Inc., these shares were cancelled and converted into the right to receive an amount in cash equal to $34.00 per share.
Pursuant to the merger agreement, these options (which provided for ratable vesting over a three-year period beginning on the grant date) were cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock subject to such options and (ii) the excess of $34.00 over the exercise price of the options.
Pursuant to the merger agreement, these options were cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock subject to such options and (ii) the excess of $34.00 over the exercise price of the options.
On June 11, 2013, the reporting person was granted an award with a target amount of 30,000 performance share units (PSUs) under the Company's 2008 Incentive Compensation Plan. Pursuant to the terms of the award and the merger agreement, these PSUs vested at the target amount as of the effective time of the merger and were converted into the right to receive an amount in cash equal to $34.00 per PSU.
/s/ by Michael H. Cole, as attorney-in-fact
2013-09-26