RAY GARY J 4
4 · HORMEL FOODS CORP /DE/ · Filed Feb 5, 2009
Insider Transaction Report
Form 4
RAY GARY J
Director
Transactions
- Exercise/Conversion
Common Stock
2009-01-05+28,370.87→ 238,114.415 total - Tax Payment
Common Stock
2009-01-05$31.55/sh−11,703.87$369,257→ 226,410.545 total - Exercise/Conversion
Phantom Stock
2009-01-05−28,370.87→ 0 total→ Common Stock (28,370.87 underlying)
Footnotes (2)
- [F1]Settles in common stock at 1-for-1 upon retirement as an officer from the Company.
- [F2]Reporting Person holds indirectly 1,283.8 shares in the 401(k), and 1,952 shares in the JEPST Trust.