4//SEC Filing
PAXTON GARY C 4
Accession 0001179110-03-010750
CIK 0000048465other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 11:47 AM ET
Size
8.0 KB
Accession
0001179110-03-010750
Insider Transaction Report
Form 4
PAXTON GARY C
Vice President
Transactions
- Tax Payment
Common Stock
2003-11-13$27.05/sh−5,305$143,500→ 8,817 total - Exercise/Conversion
Common Stock
2003-11-13$10.25/sh+5,305$54,376→ 14,122 total - Exercise/Conversion
Stock Options (Right to Buy)
2003-11-13$10.25/sh−14,000$143,500→ 0 totalExercise: $10.25From: 1994-07-25Exp: 2004-01-25→ Common Stock (14,000 underlying) - Exercise/Conversion
Phantom Stock
2003-11-13+8,695→ 8,695 totalExercise: $0.00→ Common Stock (8,695 underlying)
Footnotes (3)
- [F1]Reporting person also holds 979 shares indirectly in Founders Fund.
- [F2]The reporting person elected to defer receipt of 8,695 shares of common stock issuable upon exercise of his option, resulting in the accrual to his account of 8,695 shares of phantom stock.
- [F3]Settles in common stock at 1-for-1 upon retirement from the Company.
Documents
Issuer
HORMEL FOODS CORP /DE/
CIK 0000048465
Entity typeother
Related Parties
1- filerCIK 0001192938
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 11:47 AM ET
- Size
- 8.0 KB