SEC Form 4 · accession 0000802481-17-000022
PILGRIMS PRIDE CORP · PPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William W Lovette
Officer — CEO and President · Director
Period of report
Feb 20, 2015
Accepted (ET)
Mar 9, 2017 · 3:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000802481
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Feb 20, 2015 | A | 46,296 | $0.00 | A | 0 | D | |
| Common Stock, par value $0.01 per shareF1 | Feb 20, 2015 | A | 9,513 | $0.00 | A | 0 | D | |
| Common Stock, par value $0.01 per shareF1 | Oct 27, 2016 | A | 6,201 | $0.00 | A | 478,653 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("RSU")F2 | $0.00 | Feb 20, 2015 | A | 24,846 | A | Dec 31, 2016 | Dec 31, 2016 | Common Stock, par value $0.01 per share | 24,846 | 24,846 | D |
| Restricted Stock Units ("RSU")F2 | $0.00 | Oct 27, 2016 | A | 16,195 | A | Dec 31, 2016 | Dec 31, 2016 | Common Stock, par value $0.01 per share | 16,195 | 16,195 | D |
| Restricted Stock Units ("RSU")F2 | $0.00 | Dec 31, 2016 | M | 120,919 | D | Dec 31, 2016 | Dec 31, 2016 | Common Stock, par value $0.01 per share | 120,919 | 0 | D |
| Restricted Stock Units ("RSU")F2 | $0.00 | Dec 31, 2016 | M | 24,846 | D | Dec 31, 2016 | Dec 31, 2016 | Common Stock, par value $0.01 per share | 24,846 | 0 | D |
| Restricted Stock Units ("RSU")F2 | $0.00 | Dec 31, 2016 | M | 16,195 | D | Dec 31, 2016 | Dec 31, 2016 | Common Stock, par value $0.01 per share | 16,195 | 0 | D |
Explanation of responses
- F1Represents restricted stock units vesting on December 31, 2017. Each restricted stock unit represents a contingent right to receive one share of PPC common stock.
- F2RSUs convert into common stock on a one-for-one basis, par value $0.01 per share.