Craven Julie H 4

4 · HORMEL FOODS CORP /DE/ · Filed Aug 31, 2010

Form 4

Period: 2010-08-30

Vice President

Transactions

Sale
Common Stock
2010-08-30$43.15/sh−9,100$392,665→ 4,229.368 total
Exercise/Conversion
Common Stock
2010-08-30$32.74/sh+10,000$327,400→ 10,829.368 total
Exercise/Conversion
Common Stock
2010-08-30$25.26/sh+2,500$63,150→ 13,329.368 total
Exercise/Conversion
Stock Options (Right to Buy)
2010-08-30$32.74/sh−10,000$327,400→ 0 total
Exercise: $32.74Exp: 2015-12-06→ Common Stock (10,000 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2010-08-30$25.26/sh−2,500$63,150→ 7,500 total
Exercise: $25.26Exp: 2018-12-02→ Common Stock (2,500 underlying)
Tax Payment
Common Stock
2010-08-30$43.12/sh−1,127$48,596→ 3,102.368 total

Footnotes (4)

[F1]Reporting Person also holds indirectly 36 shares in the 401(k), and 752 shares in the JEPST Trust; Reporting Person's spouse holds indirectly 1,069 shares in the 401(k), and 992.4 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.
[F4]The options vest in four equal annual installments; the options being exercised vested on December 2, 2009.

Documents

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