| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 12/28/2009 |
3. Issuer Name and Ticker or Trading Symbol
PILGRIMS PRIDE CORP [ PPC ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 134,397,620 | I | By JBS USA Holdings, Inc.(1) |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Explanation of Responses: |
| 1. As more particularly described in the Statement on Schedule 13D (the "Schedule 13D") filed by JBS USA Holdings, Inc. ("JBS USA") and the other reporting persons identified therein (including Jose Batista) with the United States Securities and Exchange Commission on January 7, 2010, Jose Batista Junior, together with the other members of the Batista Family (as defined in the Schedule 13D), indirectly control JBS USA. |
| /s/ Christopher Gaddis, by power of attorney | 01/07/2010 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
POWER OF
ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that
the undersigned does hereby constitute and appoint Christopher Gaddis the
undersigned’s true and lawful attorney-in-fact to, as applicable:
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(1)
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execute
for and on behalf of the undersigned, in the undersigned’s capacity as an
officer, director and/or ten-percent owner of Pilgrim’s Pride Corporation
(the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the
Securities Exchange Act of 1934 (the “Exchange Act”)
and the rules thereunder, Schedule 13D in accordance with Section 13(d) of
the Exchange Act and the rules thereunder, a joint filing agreement in
accordance with Rule 13d-1(k)(1) under the Exchange Act, and any
amendments to the foregoing;
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(2)
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do
and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Forms 3, 4
or 5, Schedule 13D or joint filing agreement, complete and execute any
amendment or amendments thereto, and timely file such form, schedule or
agreement with the United States Securities and Exchange Commission and
any stock exchange or similar authority;
and
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(3)
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take
any other action of any type whatsoever in connection with the foregoing
which, in the opinion of such attorney-in-fact, may be of benefit to, in
the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf
of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such attorney-in-fact
may approve to such attorney-in-fact’s
discretion.
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The
undersigned hereby grants to such attorney-in-fact full power and authority to
do and perform any and every act and thing whatsoever requisite, necessary, or
proper to be done in the exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the undersigned might or could
do if personally present, with full power of substitution or revocation, hereby
ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing
attorney-in-fact, in serving in such capacity at the request of the undersigned,
is not assuming, nor is the Company assuming, any of the undersigned’s
responsibilities to comply with Sections 16 or 13D of the Exchange Act of 1934,
as applicable.
This
Power of Attorney shall remain in full force and effect until the undersigned is
no longer required to file Forms 3, 4 and 5 or Schedule 13D, as applicable, with
respect to the undersigned’s holdings of and transactions in securities issued
by the Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has
caused this Power of Attorney to be executed as of the 5th day of January,
2010.
| /s/ |
Jose
Batista Junior
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Jose
Batista Junior
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