SMITHFIELD FOODS INC — Director's Dealing 2012

Jun 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITHFIELD FOODS INC (SFD)
CIK: 0000091388
Period of Report: 2012-06-13

Reporting Person: POPE C LARRY (Director, President and C.E.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-13	common stock, par value $.50	A	50357	$0.00	Acquired	720101	Direct
2012-06-14	common stock, par value $.50	A	250000	$0.00	Acquired	970101	Direct
2012-06-14	common stock, par value $.50	F	52750	$18.46	Disposed	917351	Direct

Footnotes

F1: Includes 50357 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.

F2: On June 14, 2011, the reporting person was granted 250000 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 immediately and were converted into common stock. The remaining PSUs will vest and convert on June 14, 2013.