Devine Michael L 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 18, 2009
Insider Transaction Report
Form 4
Devine Michael L
Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-12-16$19.25/sh+1,500$28,875→ 2,767.236 total - Tax Payment
Common Stock
2009-12-16$37.98/sh−318$12,078→ 1,267.236 total - Exercise/Conversion
Stock Options (Right to Buy)
2009-12-16$19.25/sh−1,500$28,875→ 0 totalExercise: $19.25Exp: 2010-01-26→ Common Stock (1,500 underlying) - Sale
Common Stock
2009-12-16$38.33/sh−1,182$45,309→ 1,585.236 total
Footnotes (3)
- [F1]Reporting Person also holds indirectly 10,390.9 shares in the JEPST Trust.
- [F2]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.
- [F3]The option vested in four equal annual installments, with the first group vesting on January 26, 2001.