HORMEL FOODS CORP /DE/ 4
4 · HORMEL FOODS CORP /DE/ · Filed Sep 6, 2005
Insider Transaction Report
Form 4
DRYDEN FORREST D
Vice President
Transactions
- Tax Payment
Common Stock
2005-09-02$32.47/sh−4,136$134,296→ 27,680 total - Sale
Common Stock
2005-09-02$32.31/sh−512$16,543→ 19,168 total - Exercise/Conversion
Stock Options (Right to Buy)
2005-09-02$11.94/sh−20,000$238,750→ 0 totalExercise: $11.94From: 1996-05-21Exp: 2005-11-21→ Common Stock (20,000 underlying) - Sale
Common Stock
2005-09-01$32.37/sh−14,300$462,891→ 24,700 total(indirect: By Spouse) - Sale
Common Stock
2005-09-01$32.49/sh−700$22,743→ 24,000 total(indirect: By Spouse) - Sale
Common Stock
2005-09-02$32.25/sh−8,000$258,000→ 19,680 total - Exercise/Conversion
Common Stock
2005-09-02$11.94/sh+20,000$238,750→ 39,168 total - Sale
Common Stock
2005-09-01$32.30/sh−14,200$458,660→ 19,968 total - Sale
Common Stock
2005-09-01$32.39/sh−800$25,912→ 19,168 total - Tax Payment
Common Stock
2005-09-02$32.47/sh−7,352$238,719→ 31,816 total
Footnotes (2)
- [F1]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.
- [F2]Reporting Person holds in a deferred account 18,336 shares of phantom stock. Reporting Person also holds indirectly 1,153 shares in the JEPST Trust.