UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date of
report (Date of earliest event reported): February 11,
2009
PILGRIM'S
PRIDE CORPORATION
(Exact
Name of Registrant as Specified in its Charter)
Delaware 1-9273 75-1285071
(State or Other
Jurisdiction (Commission (IRS
Employer
of
Incorporation) File
Number) Identification
No.)
4845 US Highway 271 N.
Pittsburg,
Texas 75686-0093
(Address of Principal Executive
Offices) (ZIP
Code)
Registrant's
telephone number, including area code: (903) 434-1000
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
q Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
q Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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q
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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q
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
3.03. Material Modification to Rights of Security
Holders.
On
February 11, 2009, the United States Bankruptcy Court for the Northern District
of Texas, which has jurisdiction over the reorganization procedures under
Chapter 11 of the Bankruptcy Code for Pilgrim's Pride Corporation (the
"Company") and certain of its subsidiaries (collectively, the "Debtors"),
entered on its docket an order (the "Order") granting the motion of the Debtors
to establish notification and certain restrictions on transfers of common stock
or options to purchase the common stock of the Company.
The Order
requires the Debtors to post a copy of the Order and the Notice of Procedures on
the Company's website at http://www.pilgrimspride.com and on the Debtors' claim
agent website at http://www.kccllc.net/pilgrimspride. A copy of the
Order, with the Notice of Procedures attached thereto as Exhibit A, is being
filed as Exhibit 4.1 to this report and is incorporated herein by reference and
the summary of the Order above is qualified by reference thereto.
Item
9.01. Financial
Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
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4.1
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Order
of the United States Bankruptcy Court for the Northern District of Texas
Fort Worth Division Pursuant to Sections 362 and 105(e) of the Bankruptcy
Code Establishing Notification Procedures and Approving Certain
Restrictions on Certain Transfers of Interests in the
Debtors.
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Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
PILGRIM'S PRIDE
CORPORATION
Date: February
16,
2009 By: /s/ Richard A.
Cogdill
Richard A. Cogdill
Chief Financial Officer, Secretary and Treasurer
EXHIBIT
INDEX
Exhibit
Number Description
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4.1
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Order
of the United States Bankruptcy Court for the Northern District of Texas
Fort Worth Division Pursuant to Sections 362 and 105(e) of the Bankruptcy
Code Establishing Notification Procedures and Approving Certain
Restrictions on Certain Transfers of Interests in the
Debtors.
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