Devine Michael L 4
4 · HORMEL FOODS CORP /DE/ · Filed Mar 1, 2010
Insider Transaction Report
Form 4
Devine Michael L
Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-02-25$17.69/sh+1,500$26,531→ 2,773.856 total - Tax Payment
Common Stock
2010-02-25$41.43/sh−423$17,525→ 1,273.856 total - Sale
Common Stock
2010-02-25$41.09/sh−1,077$44,259→ 1,696.856 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-02-25$17.69/sh−1,500$26,531→ 0 totalExercise: $17.69Exp: 2010-12-06→ Common Stock (1,500 underlying)
Footnotes (3)
- [F1]Reporting Person also holds indirectly 10,587.37 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 December 6, 2001.