GILLETTE E PETER JR 4
4 · HORMEL FOODS CORP /DE/ · Filed Feb 2, 2007
Insider Transaction Report
Form 4
GILLETTE E PETER JR
Director
Transactions
- Award
Common Stock
2007-02-01$37.92/sh+2,500$94,800→ 14,405 total - Tax Payment
Common Stock
2007-01-31$37.59/sh−884$33,230→ 12,254 total - Exercise/Conversion
Common Stock
2007-01-31$16.63/sh+2,000$33,250→ 13,138 total - Tax Payment
Common Stock
2007-01-31$37.59/sh−349$13,119→ 11,905 total - Exercise/Conversion
Stock Options (Right to Buy)
2007-01-31$16.63/sh−2,000$33,250→ 0 totalExercise: $16.63From: 1998-08-02Exp: 2008-02-02→ Common Stock (2,000 underlying) - Award
Stock Options (Right to Buy)
2007-02-01$37.92/sh+4,000$151,680→ 4,000 totalExercise: $37.92From: 2007-08-01Exp: 2017-02-01→ Common Stock (4,000 underlying)
Footnotes (2)
- [F1]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.
- [F2]Of the shares being reported, 8,445 are subject to certain restrictions (including possible forfeiture) applicable to restricted stock grants under the 2000 Stock Incentive Plan and the Restricted Stock Award Agreements.