Filing Details

Accession Number:
0001181431-12-017370
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-14 18:52:00
Reporting Period:
2012-03-12
Filing Date:
2012-03-14
Accepted Time:
2012-03-14 18:52:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
802481 Pilgrims Pride Corp PPC Poultry Slaughtering And Processing (2015) 751285071
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1256662 A Lonnie Pilgrim 2401 South Jefferson Ave.
Mt. Pleasant TX 75455
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-03-12 15,114,575 $5.69 0 No 4 S Indirect By Pilgrim Interests, Ltd.
Common Stock Disposition 2012-03-12 3,505,727 $5.69 0 No 4 S Direct
Common Stock Disposition 2012-03-12 110,561 $5.69 0 No 4 S Indirect By Pilgrim Family Trust I
Common Stock Disposition 2012-03-12 110,559 $5.69 0 No 4 S Indirect By Pilgrim Family Trust II
Common Stock Disposition 2012-03-12 83,016 $5.69 0 No 4 S Indirect By PFCP, Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Pilgrim Interests, Ltd.
No 4 S Direct
No 4 S Indirect By Pilgrim Family Trust I
No 4 S Indirect By Pilgrim Family Trust II
No 4 S Indirect By PFCP, Ltd.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,235 Indirect By UGMA
Common Stock 176 Indirect By employee benefit trust
Footnotes
  1. On March 12, 2012, Mr. Pilgrim entered into a Stock Purchase Agreement among JBS USA Holdings, Inc. ("JBS USA"), Pilgrim Interests, Ltd., Mr. Pilgrim, the trustees of both Pilgrim Family Trust I and Pilgrim Family Trust II, and PFCP, Ltd. (collectively, the "Pilgrim Seller Parties") pursuant to which JBS USA will acquire an aggregate 18,924,438 shares of common stock of Pilgrim's Pride Corporation from the Pilgrim Seller Parties. The closing of the transaction is expected to occur on March 26, 2012.
  2. The number of shares beneficially owned by Lonnie A. "Bo" Pilgrim includes shares of common stock held by family trusts, employee benefit trust, family limited partnerships and wife. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.