4//SEC Filing
TURNER JOHN G 4
Accession 0001179110-11-000406
CIK 0000048465other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:42 PM ET
Size
8.1 KB
Accession
0001179110-11-000406
Insider Transaction Report
Form 4
TURNER JOHN G
Director
Transactions
- Gift
Common Stock
2010-12-22−450→ 32,322 total - Award
Phantom Stock Units
2010-12-31$51.26/sh+17.92$919→ 3,824.38 total→ Common Stock (3,806.46 underlying)
Footnotes (3)
- [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.
- [F2]Each share of phantom stock is the equivalent of one share of common stock. The shares of phantom stock become payable in common stock in one lump sum, or in up to ten annual installments, at the election of the reporting person, on February 15 of the year following termination of service as a director, or such later date as is elected by the reporting person. In addition, the shares of phantom stock become payable in common stock in one lump sum immediately upon a director's separation from service within six months following a change of control (as defined in the Plan).
- [F3]Reflects additional phantom stock units received by the Reporting Person upon conversion of dividend equivalents from September 30, 2010 to the present.
Documents
Issuer
HORMEL FOODS CORP /DE/
CIK 0000048465
Entity typeother
Related Parties
1- filerCIK 0000939359
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:42 PM ET
- Size
- 8.1 KB