TURNER JOHN G 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 8, 2010
Insider Transaction Report
Form 4
TURNER JOHN G
Director
Transactions
- Exercise/Conversion
Common Stock
2010-12-06$30.39/sh+4,000$121,560→ 34,632 total - Tax Payment
Common Stock
2010-12-06$49.68/sh−2,446$121,517→ 32,186 total - Tax Payment
Common Stock
2010-12-06$49.68/sh−486$24,144→ 31,700 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-12-06$30.39/sh−4,000$121,560→ 0 totalExercise: $30.39From: 2009-08-02Exp: 2019-02-02→ Common Stock (4,000 underlying)
Footnotes (2)
- [F1]Of the shares being reported, 12,500 shares are subject to certain restrictions (including possible forfeiture) applicable to restricted stock grants under the 2000 Stock Incentive Plan, the 2009 Long-Term Incentive Plan, and the Restricted Stock Award Agreements. Reporting Person also holds 3,789 shares of phantom stock in his deferred stock plan account.
- [F2]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.