Aakre D Scott 4
4 · HORMEL FOODS CORP /DE/ · Filed Jul 8, 2010
Insider Transaction Report
Form 4
Aakre D Scott
Director
Transactions
- Exercise/Conversion
Common Stock
2010-07-07$17.69/sh+2,000$35,375→ 4,651.635 total - Tax Payment
Common Stock
2010-07-07$41.50/sh−1,929$80,054→ 4,722.635 total - Tax Payment
Common Stock
2010-07-07$41.50/sh−678$28,137→ 4,044.635 total - Exercise/Conversion
Common Stock
2010-07-07$22.35/sh+2,000$44,700→ 6,651.635 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-07-07$22.35/sh+2,000$44,700→ 0 totalExercise: $22.35Exp: 2012-12-02→ Common Stock (2,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2010-07-07$17.69/sh+2,000$35,375→ 0 totalExercise: $17.69Exp: 2010-12-06→ Common Stock (2,000 underlying)
Footnotes (4)
- [F1]Reporting Person holds indirectly 3,976.7 shares in the 401(k), and 2,157.7 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.
- [F4]The option vested in four equal annual installments, with the first group vesting on December 2, 2003.