Tegt Robert A 4
4 · HORMEL FOODS CORP /DE/ · Filed Oct 12, 2010
Insider Transaction Report
Form 4
Tegt Robert A
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-10-08$32.74/sh+10,000$327,400→ 10,099.848 total - Tax Payment
Common Stock
2010-10-08$45.18/sh−901$40,707→ 99.848 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-10-08$32.74/sh−10,000$327,400→ 10,000 totalExercise: $32.74Exp: 2015-12-06→ Common Stock (10,000 underlying) - Sale
Common Stock
2010-10-08$45.40/sh−9,099$413,076→ 1,000.848 total
Footnotes (3)
- [F1]Reporting Person holds indirectly 4,959.66 shares in the 401(k) and 28,684.55 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.