Tolbert Michael D 4
4 · HORMEL FOODS CORP /DE/ · Filed Aug 27, 2010
Insider Transaction Report
Form 4
Tolbert Michael D
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-08-25$17.69/sh+5,000$88,438→ 22,876.109 total - Tax Payment
Common Stock
2010-08-25$43.36/sh−969$42,016→ 17,876.109 total - Sale
Common Stock
2010-08-25$42.69/sh−4,031$172,083→ 18,845.109 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-08-25$17.69/sh−5,000$88,438→ 0 totalExercise: $17.69Exp: 2010-12-06→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Reporting Person holds indirectly 1,569.545 shares in the 401(k), and 4,627.81 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.