ALLEN JOHN W 4
4 · HORMEL FOODS CORP /DE/ · Filed Jan 26, 2005
Insider Transaction Report
Form 4
ALLEN JOHN W
Director
Transactions
- Tax Payment
Common Stock
2005-01-24$31.17/sh−806$25,123→ 3,839 total - Exercise/Conversion
Stock Options (Right to Buy)
2005-01-24$12.56/sh−2,000$25,125→ 0 totalExercise: $12.56From: 1995-08-01Exp: 2005-02-01→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock
2005-01-24$12.56/sh+2,000$25,125→ 4,645 total - Gift
Common Stock
2005-01-24−1,194→ 2,645 total
Footnotes (1)
- [F1]The 2,645 shares being reported are subject to certain restrictions (including possible forfeiture applicable to restricted stock grants under the Nonemployee Director Stock Option and Award Plan.