X0303 4 2011-07-06 0 0000023666 Sara Lee Corp SLE 0001185064 CROWN JAMES S 222 N LASALLE STREET STE 2000 CHICAGO IL 60601 1 0 0 0 Common Stock 2011-07-06 4 A 0 4972 19.43 A 293529 D Common Stock 32500 I See ftn. Common Stock 465000 I See ftn. Common Stock 465000 I See ftn. Consists of restricted stock units (RSUs) acquired in the company's dividend reivenstment plan with accrued dividend equivalents. The RSUs will be converted into shares of Sara Lee common stock on a one-for-one basis on the date six months after Reporting Person ceases to be a director of Sara Lee. Includes 103,366 RSUs that may be settled only for shares of common stock. RSUs generally vest one year after the grant date and, on the settlement date, are convertible into shares of common stock on a one-for-one basis. The settlement date is six months after Reporting Person ceases to be a director of Sara Lee. Held by Spouse. Owned by a partnership, Crown Fund, of which Reporting Person is a partner. Owned by a partnership, Crown Fund II, of which Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of the shares described in Footnotes 3 through 5, except to the extent of his pecuniary interest therein. /s/ James S. Crown 2011-07-08