Aakre D Scott 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 21, 2009
Insider Transaction Report
Form 4
Aakre D Scott
Director
Transactions
- Exercise/Conversion
Common Stock
2009-12-18$19.25/sh+2,500$48,125→ 4,340.301 total - Sale
Common Stock
2009-12-18$37.70/sh−1,290$48,633→ 3,050.301 total - Tax Payment
Common Stock
2009-12-18$37.58/sh−399$14,994→ 2,651.301 total - Exercise/Conversion
Stock Options (Right to Buy)
2009-12-18$19.25/sh−2,500$48,125→ 0 totalExercise: $19.25Exp: 2010-01-26→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Reporting Person also holds indirectly 3,924.6798 shares in the 401(k), and 2,136.469 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 dqual annual installments, with the first group vesting on January 26, 2001.