Devine Michael L 4
4 · HORMEL FOODS CORP /DE/ · Filed Oct 19, 2010
Insider Transaction Report
Form 4
Devine Michael L
Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-10-15$26.09/sh+1,500$39,135→ 2,786.607 total - Sale
Common Stock
2010-10-15$44.73/sh−1,228$54,928→ 1,558.607 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-10-15$26.09/sh−1,500$39,135→ 0 totalExercise: $26.09Exp: 2012-01-17→ Common Stock (1,500 underlying) - Tax Payment
Common Stock
2010-10-15$45.08/sh−272$12,262→ 1,286.607 total
Footnotes (3)
- [F1]Reporting Person also holds indirectly 10,646.25 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 January 17, 2003.