Craven Julie H 4

4 · HORMEL FOODS CORP /DE/ · Filed Dec 20, 2010

Form 4

Period: 2010-12-16

Vice President

Transactions

Tax Payment
Common Stock
2010-12-16$51.62/sh−418$21,577→ 3,940.07 total
Tax Payment
Common Stock
2010-12-20$51.55/sh−375$19,331→ 4,065 total
Tax Payment
Common Stock
2010-12-20$51.55/sh−41$2,114→ 4,024 total
Exercise/Conversion
Stock Options (Right to Buy)
2010-12-20$38.71/sh−500$19,355→ 9,500 total
Exercise: $38.71Exp: 2016-12-05→ Common Stock (500 underlying)
Sale
Common Stock
2010-12-16$51.08/sh−1,245$63,596→ 4,358.07 total
Exercise/Conversion
Common Stock
2010-12-20$38.71/sh+500$19,355→ 4,440 total
Exercise/Conversion
Stock Options (Right to Buy)
2010-12-16$25.26/sh−2,500$63,150→ 5,000 total
Exercise: $25.26Exp: 2018-12-02→ Common Stock (2,500 underlying)
Exercise/Conversion
Common Stock
2010-12-16$25.26/sh+2,500$63,150→ 5,603.07 total

Footnotes (4)

[F1]Reporting Person also holds indirectly 36.5 shares in the 401(k), and 755.4 shares in the JEPST Trust; Reporting Person's spouse holds indirectly 1,079 shares in the 401(k), and 996.7 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, 2010.
[F4]The options vested in four equal annual installments, with the first group vesting on December 5, 2007.

Documents

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