Schroeder James R 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 22, 2010
Insider Transaction Report
Form 4
Schroeder James R
Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-12-20$25.26/sh+750$18,945→ 795.5 total - Tax Payment
Common Stock
2010-12-20$51.55/sh−126$6,495→ 45.5 total - Sale
Common Stock
2010-12-20$51.56/sh−624$32,174→ 171.5 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-12-20$25.26/sh−750$18,945→ 750 totalExercise: $25.26Exp: 2018-12-02→ Common Stock (750 underlying)
Footnotes (3)
- [F1]Reporting Person also holds indirectly 948 shares in the 401(k), and 4,109.38 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 is vesting in four equal annual installments, with the first group vesting on December 2, 2009.