SMITHFIELD FOODS INC — Director's Dealing 2012

Jul 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITHFIELD FOODS INC (SFD)
CIK: 0000091388
Period of Report: 2012-06-14

Reporting Person: LUTER JOSEPH W IV (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-14	common stock, par value $.50	A	25000	$0.00	Acquired	271774	Direct
2012-07-29	common stock, par value $.50	F	5275	$18.49	Disposed	255246	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock, par value $.50	355400	Indirect
common stock, par value $.50	7908	Indirect
common stock, par value $.50	5776	Indirect
common stock, par value $.50	1724	Indirect
common stock, par value $.50	1724	Indirect

Footnotes

F1: On July 29, 2011, the reporting person was granted 25,000 performance share units (PSUs) under the Company's 2008 Incentive Compensation Plan. Each PSU represents a contingent right to receive one share of common stock. On June 14, 2012, the pre-established performance goal for this award was met and 50% of the PSUs vested on July 29, 2012 and were converted into common stock. The remaining PSUs will vest and convert on July 29, 2013.