PAXTON GARY C 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 27, 2004
Insider Transaction Report
Form 4
PAXTON GARY C
Vice President
Transactions
- Tax Payment
Common Stock
2004-12-24$30.24/sh−6,547$197,981→ 23,575 total - Tax Payment
Common Stock
2004-12-24$30.24/sh−3,091$93,472→ 20,484 total - Exercise/Conversion
Common Stock
2004-12-24$12.38/sh+16,000$198,000→ 30,122 total - Exercise/Conversion
Stock Options (Right to Buy)
2004-12-24$12.38/sh−16,000$198,000→ 0 totalExercise: $12.38From: 1995-07-11Exp: 2005-01-11→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.
- [F2]Reporting Person also holds 8,829.358 phantom shares in his Deferred Stock Account, and indirectly holds 1,034 shares in the Founders Fund.