Schweitzer Bruce R 4
4 · HORMEL FOODS CORP /DE/ · Filed Aug 27, 2010
Insider Transaction Report
Form 4
Schweitzer Bruce R
Vice President
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2010-08-25$32.74/sh−20,000$654,800→ 0 totalExercise: $32.74Exp: 2015-12-06→ Common Stock (20,000 underlying) - Sale
Common Stock
2010-08-25$42.60/sh−18,398$783,738→ 1,607 total - Exercise/Conversion
Common Stock
2010-08-25$32.74/sh+20,000$654,800→ 20,005 total - Tax Payment
Common Stock
2010-08-25$43.36/sh−1,602$69,463→ 5 total
Footnotes (3)
- [F1]Reporting Person also holds indirectly 1,192 shares in the 401(k), and 14,932.97 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, 2006.