SMITHFIELD FOODS INC — Director's Dealing 2012

Dec 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITHFIELD FOODS INC (SFD)
CIK: 0000091388
Period of Report: 2012-12-13

Reporting Person: SEBRING JOSEPH B (President of John Morrell & Co)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-13	common stock, par value $.50	M	16666	$15.43	Acquired	94870	Direct
2012-12-13	common stock, par value $.50	M	15000	$13.30	Acquired	109870	Direct
2012-12-13	common stock, par value $.50	S	24466	$22.528	Disposed	85404	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-13	Employee Stock Option (right to buy)	$15.43	M	16666	Disposed	2017-06-21	common stock (16666)	Direct
2012-12-13	Employee Stock Option (right to buy)	$13.30	M	15000	Disposed	2016-07-06	common stock (15000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.54 to $22.565, inclusive. The reporting person undertakes to provide to Smithfield Foods, Inc., any security holder of Smithfield Foods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

F2: The options vest ratably over three years beginning June 21, 2011. The remaining options will vest on June 21, 2013.

F3: The option vested in three equal annual installments beginning on July 6, 2010.