Matthew R. Galvanoni - 11 Mar 2022 Form 4 Insider Report for PILGRIMS PRIDE CORP (PPC)

Signature
/s/ Matthew Galvanoni
Issuer symbol
PPC
Transactions as of
11 Mar 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 19:34:50 UTC
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPC Common Stock, par value $0.01 per share Award $0 +27,350 +420% $0.000000 33,858 11 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned pursuant to performance-based restricted stock units on March 11, 2022 (the date that the Compensation Committee certified satisfaction of the underlying performance metrics), vesting ratably over three years on 12/31/2022, 12/31/2023, and 12/31/2024. Each restricted stock unit represents a contingent right to receive one share of PPC common stock.