CAVANAUGH JAMES W 4
4 · HORMEL FOODS CORP /DE/ · Filed Sep 2, 2010
Insider Transaction Report
Form 4
CAVANAUGH JAMES W
Sr VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2010-09-02$25.26/sh+11,250$284,175→ 27,072.229 total - Tax Payment
Common Stock
2010-09-02$43.60/sh−1,548$67,493→ 19,007.229 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-09-02$25.26/sh−11,250$284,175→ 33,750 totalExercise: $25.26Exp: 2018-12-02→ Common Stock (11,250 underlying) - Tax Payment
Common Stock
2010-09-02$43.60/sh−6,517$284,141→ 20,555.229 total
Footnotes (3)
- [F1]Reporting Person holds indirectly 625.9 shares in the 401(k), and 1,692 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 options vest in four equal annual installments; the options being exercised vested on December 2, 2009.