Fabio Sandri - Jul 1, 2024 Form 4 Insider Report for PILGRIMS PRIDE CORP (PPC)

Role
President and CEO
Signature
/s/ Fabio Sandri
Stock symbol
PPC
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
8/6/2024, 08:39 AM
Previous filing
Mar 19, 2024
Next filing
Aug 6, 2024

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 +188K +72.94% 445K Jul 1, 2024 Direct F1
transaction PPC Common Stock, par value $0.01 per share Disposed to Issuer -100K -22.49% 345K Jul 1, 2024 Direct F2
* 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 July 1, 2024, vesting ratably over three years on 07/01/2024, 07/01/2025, and 07/01/2026. Each restricted stock unit represents a contingent right to receive one share of PPC common stock.
F2 The restricted stock units ("RSUs") were granted on May 3, 2019 and vested on July 1, 2020. On the vesting date, the Board elected to settle this grant in cash, rather than in stock.