Tolbert Michael D 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 20, 2010
Insider Transaction Report
Form 4
Tolbert Michael D
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-12-16$26.09/sh+4,000$104,360→ 21,958.098 total - Tax Payment
Common Stock
2010-12-16$51.62/sh−713$36,805→ 17,958.098 total - Sale
Common Stock
2010-12-16$51.07/sh−3,287$167,882→ 18,671.098 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-12-16$26.09/sh−4,000$104,360→ 0 totalExercise: $26.09Exp: 2012-01-17→ Common Stock (4,000 underlying)
Footnotes (3)
- [F1]Reporting Person indirectly holds 1,584 shares in the 401(k), and 4,647.6 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.