Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
PILGRIM'S PRIDE CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
721467108
(CUSIP Number)
Owen Johnson Guy Lawson
Executive Vice President, Organization & Administration McGrath North Mullin
and Corporate Secretary & Kratz, PC LLO
ConAgra Foods, Inc. Suite 3700 First National Tower
One ConAgra Drive 1601 Dodge Street
Omaha, NE 68102 Omaha, NE 68102
(402) 595-4000 (402) 341-3070
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 9, 2005
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following box
[ ].
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.
1) Names of Reporting Persons: I.R.S. Identification No. of Above
Person:
ConAgra Foods, Inc. 47-0248710
2) Check the Appropriate Box if a Member of a Group:
(a)
(b)
3) SEC Use Only:
4) Source of Funds (See Instructions):
5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e):
6) Citizenship or Place of Organization:
Delaware
Number of Shares (7) Sole Voting Power: 0
Beneficially (8) Shared Voting Power: 0
Owned by Each (9) Sole Dispositive Power: 0
Reporting Person (10) Shared Dispositive Power: 0
With
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
0 shares
12) Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares (See Instructions):
13) Percent of Class Represented by Amount in Row (11):
0%
14) Type of Reporting Person (See Instructions):
CO
ConAgra Foods, Inc. ("ConAgra Foods") makes this filing to amend certain
information previously reported by ConAgra Foods. This filing constitutes
Amendment No. 3 to the Statement on Schedule 13D of ConAgra Foods ("Amendment
No. 3"). ConAgra Foods amends such prior Schedule 13D reports with respect to
the Common Stock, par value $.01 per share (the "Common Stock"), of Pilgrim's
Pride Corporation ("Pilgrim's Pride") by adding the following information to the
items indicated:
ITEM 4. PURPOSE OF TRANSACTION
As disclosed in Amendment 2 previously filed by ConAgra Foods to this
Schedule 13D, on August 3, 2005 ConAgra Foods entered into a purchase agreement
(the "Purchase Agreement") with Pilgrim's Pride for a proposed sale and transfer
to Pilgrim's Pride of the 15,443,054 shares of Common Stock held by ConAgra
Foods.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
On August 9, 2005, pursuant to the Purchase Agreement ConAgra Foods sold
the Common Stock to Pilgrim's Pride for $31.23735 per share.
On August 9, 2005, ConAgra Foods ceased to be the beneficial owner of any
shares of Common Stock.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS
1.1 Purchase and Amendment Agreement dated August 3, 2005 incorporated
by reference from Schedule 13D/A, Amendment No. 2 filed by ConAgra
Foods with respect to shares of common stock of Pilgrim's Pride.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the above information set forth in this Amendment No. 3 is true,
complete and correct.
DATED this 9th day of August, 2005.
CONAGRA FOODS, INC.
By: /s/ Owen C. Johnson
_____________________________
Owen C. Johnson
Executive Vice President, Organization &
Administration and Corporate Secretary