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: 2012-06-14

Reporting Person: GODWIN JERRY H (President of Murphy-Brown, LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-14	common stock, par value $.50	A	10000	$0.00	Acquired	47991	Direct
2012-06-14	common stock, par value $.50	F	2123	$18.46	Disposed	45868	Direct

Footnotes

F1: On June 14, 2011, the reporting person was granted 10000 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.