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4//SEC Filing

SCHNEIDER MAHLON C 4

Accession 0001179110-04-001605

CIK 0000048465other

Filed

Jan 21, 7:00 PM ET

Accepted

Jan 22, 5:28 PM ET

Size

8.0 KB

Accession

0001179110-04-001605

Insider Transaction Report

Form 4
Period: 2004-01-21
SCHNEIDER MAHLON C
Senior Vice President
Transactions
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2004-01-21$10.25/sh10,000$102,5000 total
    Exercise: $10.25From: 1994-07-25Exp: 2004-01-25Common Stock (10,000 underlying)
  • Exercise/Conversion

    Phantom Stock

    2004-01-21+6,0146,014 total
    Exercise: $0.00Common Stock (6,014 underlying)
  • Exercise/Conversion

    Common Stock

    2004-01-21$10.25/sh+3,986$40,85735,799.334 total
  • Tax Payment

    Common Stock

    2004-01-21$25.72/sh3,986$102,52031,813.334 total
Footnotes (3)
  • [F1]Reporting Person also holds indirectly 9450 shares in the 401(k), 6178 shares in the JEPST Trust, and 503 shares in Founders Fund.
  • [F2]The Reporting Person elected to defer receipt of 6,014 shares of common stock issuable upon exercise of his option, resulting in the accrual to his account of 6,014 shares of phantom stock.
  • [F3]Settles in common stock at 1-for-1 upon retirement from the Company.

Issuer

HORMEL FOODS CORP /DE/

CIK 0000048465

Entity typeother

Related Parties

1
  • filerCIK 0001186294

Filing Metadata

Form type
4
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 5:28 PM ET
Size
8.0 KB