RAY GARY J 4
4 · HORMEL FOODS CORP /DE/ · Filed Feb 4, 2009
Insider Transaction Report
Form 4
RAY GARY J
Director
Transactions
- Award
Stock Options (Right to Buy)
2009-02-02$30.39/sh+4,000$121,560→ 4,000 totalExercise: $30.39From: 2009-08-02Exp: 2019-02-02→ Common Stock (4,000 underlying) - Award
Common Stock
2009-02-02$30.39/sh+2,500$75,975→ 228,910.545 total
Footnotes (1)
- [F1]Of the shares being reported, 2,500 shares are subject to certain restrictions (including possible forfeiture) applicable to restricted stock grants under the 2000 Stock Incentive Plan and Restricted Stock Award Agreement. Reporting Person holds indirectly 1,283.8 shares in the 401(k), and 1,952 shares in the JEPST Trust. The shares being reported also include 16,667 shares distributed on 1-6-09 from his deferred stock account, following retirement as an officer of the Company.