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SMITHFIELD FOODS INC — Director's Dealing 2012
Jun 19, 2012
30655_dirs_2012-06-19_6d6e5c6c-a324-47d1-a5c1-53df5a96392c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SMITHFIELD FOODS INC (SFD)
CIK: 0000091388
Period of Report: 2012-06-15
Reporting Person: GODWIN JERRY H (President of Murphy-Brown, LLC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-15 | common stock, par value $.50 | F | 2123 | $19.22 | Disposed | 43745 | Direct |
Footnotes
F1: On June 15, 2010, the reporting person was granted 10,000 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. As previously reported, on June 16, 2011, the pre-established performance goal for this award was met and 50% of the PSU's vested immediately and were converted into common stock. The remainder vested on June 15, 2012. This filing is being made to report the shares of common stock surrendered back to the Company to satisfy tax withholding obligations related to the shares that vested on June 15, 2012.